Global Ports Holding PLC, the world’s largest cruise port operator, announced that it has received an inquiry from MSC Mediterranean Shipping Company, located in Switzerland, about a potential financial offer, says an article published in Yahoo News.
Controlling stake
Global Ports’ stock jumped 19 percent to 109 pence, their highest level in two years, after the business verified a Bloomberg report that MSC was considering buying a controlling stake in the company.
Cargo handling
The talks are still ongoing, according to Global Ports, which is owned by Turkish businessman Mehmet Kutman.
The container group has until July 13 to make a firm offer or walk away.
Global Ports has 26 cruise ports in 14 countries and also has a commercial port that specialises in container and general cargo handling.
Global Ports predicted a robust return in cruise activity last month, predicting that occupancy levels will reach “historical levels” by the end of the calendar year 2022.
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Source: Yahoo News
