Greece has asked Cosco Group (Hong Kong) for a juicier offer to take over the Piraeus Port Authority.
The Hellenic Republic Asset Development Fund also confirmed today that the wing of Chinese state-run giant China Ocean Shipping Group Co (Cosco Group) submitted the only bid in the effort to privatise the port.
“The fund requested the submission of an improved financial offer to be assessed at a subsequent meeting of the board scheduled to be held in the coming week,” said the government body, which is tasked with putting Greek state assets into private hands.
The
