The Board of Directors of Greek privatization fund TAIPED on Wednesday announced the listed Chinese shipping giant Cosco Group as the "preferred investor" for the acquisition of the 67 percent share capital of the Piraeus Port Authority SA.
China's Cosco Group will acquire 67 percent of Piraeus Port Authority (OLP), Greece's largest port, after the company submitted an improved offer of 368.5 million euros, the Greek privatization fund TAIPED announced on Wednesday.
