Turkey's Global Ports Holdings (GPH), which is the largest independent global cruise terminal operator, announced today the acceptance of the offer presented last month by majority shareholder Global Investment Holdings (GIH) for acquire the entire share capital and implement the exit of the GPH from the London Stock Exchange ( of 14 June 2024). The offer was initially based on a price of $3.00 for each share of GPH and, after several negotiations, The figure was raised to $4.02.

In addition to this appreciation of the offer, with terms of the offer now deemed "fair and reasonable", Global Ports Holdings specified that the board member Jérôme Bayle, who plays the role of independent director, believes that the delisting and the future of GPH as a company unlisted, is a very important element in considering the terms of the offer. Therefore, the independent director has recommended that GPH shareholders accept the offer.