Greece has sought improved bids from three terminal giants that submitted binding offers to buy a majority stake in Thessaloniki Port Authority (OLTH), operator of the country’s second-biggest port.
Financial details of the initial offers, handed in at the end of March, have not been announced so far, so it remains to be seen how much the three suitors — CMA CGM, Dubai’s DP World and Manila-based International Container Terminal Services (ICTS) — are prepared to spend on a 67% stake in OLTH.
