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Global Ports Receives Asset Buyout Offers Amid Strategic Review

Fri, 05th Jul 2019 09:49

(Alliance News) - Global Ports Holding PLC on Friday said it has received offers for its assets as it undertakes as strategic review.

Shares in Global Ports were up 4.4% at 373.90 pence in morning trade.

Goldman Sachs International is performing the review, which will look at ways to "maximise value for all stakeholders". The cruise port operator said this review will explore "a sale of certain assets as well as strategic investments and partnerships".

Global Ports said the strategic review is still in the early stages but it has nonetheless "received a number of preliminary offers for certain assets" and is evaluating these.

On Thursday, Global Ports announced it had switched to a new regional structure for its cruise operations and appointed directors to head up its different regions.

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