Global Ports Holding Plc’s Strategic Review
05 July 2019
Global Ports Holding Plc (“GPH Plc” or “Group”), the world’s largest independent cruise port operator, today announces that in light of the emerging opportunities in its cruise business it is undertaking a strategic review of the Group, which is being carried out by Goldman Sachs International. The purpose of the strategic review is to explore ways to maximise value for all stakeholders and includes a range of potential corporate activity including a sale of certain assets as well as strategic investments and partnerships.
Whilst the strategic review process remains at an early stage, GPH confirms that it has received a number of preliminary offers for certain assets which it is currently evaluating and there can be no certainty as to the final outcome. A further announcement will be made when it is appropriate to do so.