European Bank of Reconstruction and Development is considering the acquisition of a portion of Global Ports Holding
23 April 2015
The European Bank of Reconstruction and Development (“EBRD”) is considering the acquisition of a portion of the Global Ports Holding (“Global Ports”) shares during the initial public offering (“IPO”) of Global Ports shares. If the EBRD decides to acquire any of the shares in the IPO, the acquisition will be made at the initial purchase price. In this context under the Framework Agreement to be concluded between our Company, Global Ports and the EBRD, it is aimed to conform Global Ports corporate governance principles with international best practices.