Cosco eyes 51 pct stake in OLP, rising to 67 after four years

Cosco Pacific is said to be in pole position ahead of the tender for the privatization of Piraeus Port Authority (OLP).

The new terms provide for the preferred bidder to get 51 percent of the company, expanding to 67 percent if they implement investments of 350 million euros in the first four years.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.