At closing, TIL will own 100% of CSM Italia Gate and will indirectly control all the shares of MCT.
Medcenter Container Terminal
Contship finalizes the deal for Medcenter Container Terminal
Agreement reached between Contship Italia and TiL for the control of Medcenter Container Terminal S.p.A. in Gioia Tauro.
- The agreement calls for the sale of the 50% stake of CSM Italia Gate, owned by Contship Italia S.p.A., to Itaterminaux S.à.r.l. a fully controlled subsidiary of Terminal Investment Ltd. (TiL).
- Closing is subject to regulatory approvals and the parties involved are not disclosing terms.
Contship Italia S.p.A. and Itaterminaux S.à.r.l., a fully controlled subsidiary of...
https://container-news.com/contship-finalizes-deal-medcenter-container-terminal/
MSC Eyes Contship’s Share in Medcenter Container Terminal
MSC is in talks to buy Contship Italia’s 50% share in Medcenter Container Terminal.
MSC, Contship Italia in talks for the largest Italian container terminal
MSC discusses with Contship Italia in order to acquire 50% shares in CSM Italia Gate, the company that controls MCT – Medcenter Container Terminal.
In addition to this, MCT is the concessionaire of the container terminal activities in the port of Gioia Tauro where MSC is already a partner and the main customer.
Contship Italia seems to want to accelerate the process. The terminal operator has appointed a law firm and an independent financial advisor in order to speed up the deal. The financial...