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Announced

Completed

COSCO, China Merchants Port and China Investment completed the acquisition of a 65% stake in Fina Liman for $920m.

Financials

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Transaction Value£597m
Consideration TypeCash
Capital Owned-
Capital Bid For65%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Majority

Completed

Acquisition

Turkey

Friendly

Private

container terminals

Storage Terminals

Cross Border

Single Bidder

Private Equity

Synopsis

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Two port operators COSCO Shipping Ports, China Merchants Port and China Investment, a sovereign wealth fund, completed the acquisition of a 65% stake in Fina Liman, a container terminal, from Fina Holding, which engages in several sectors such as retailing, factoring and tourism, for $920m.

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