Completes the sale of Port Akdeniz, creating a pure-play cruise operator
Retrieved on:
Tuesday, January 26, 2021
Completes the sale of Port Akdeniz, creating a pure-play cruise operator
Key Points:
- Completes the sale of Port Akdeniz, creating a pure-play cruise operator
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. - Completes the sale of Port Akdeniz, creating a pure-play cruise operator
Global Ports Holding Plc ("GPH" or "Group"), the world's largest independent cruise port operator, is pleased to announce that further to the announcement of 21 October 2020, all conditions precedent to the sale of Ortadou Antalya Liman Iletmeleri ("Port Akdeniz") to QTerminals W.L.L. - The GPH Board and senior management will now focus time and resources on the restart of cruise port operations during 2021 and continued expansion in the global cruise port market.
- The sale of Port Akdeniz effectively completes a key strategic ambition of the Group, creating a pure play cruise port operator.