Locked content OT Logistics will offer PLN 200 mln bonds in June

OT Logistics has signed a deal with Bank Pekao and mBank, which will underwrite its bond issue of PLN 200 million in June. The bonds will have a 1-7 year maturity. OT Logistics plans to refinance the debt from its previous bonds issues and bank loans with the funds raised in this offering. Thus far,...

Locked content OT Logistics sells 8.7% stake in Luka Rijeka to PFR

WSE-listed logistics operator OT Logistics will sell 8.75 percent of its stake in Croatian port Luka Rijeka to state-owned development fund PFR for PLN 32.8 million, the company said in a market filing. OT Logistics will retain its control over the harbor as it has 26.51 percent shares in the compan...

Locked content OT Logistics increases its stake in Luka Rijeka

WSE-listed logistics operator OT Logistics tendered 2.7 percent in Croatian port Luka Rijeka. The company wanted to buy as many as 43.39 percent shares at HRK 50 apiece. Before the tender, OT Logistics held 32.56 percent shares in the company which controls the facility but has signed agreements wit...

Locked content OT Logistics wants to increase its stake in Luka Rijeka

WSE-listed logistics operator OT Logistics will announce a tender offer for 43,39 percent in Croatian port Luka Rijeka at HRK 50 per share, OT Logistics said in a market filing. The company currently holds 32.56 percent shares in the company which controls the facility but has signed agreements with...

Locked content OT Logistics increases its stake in Rijeka harbor

WSE-listed OT Logistics bid to acquire 11.75 percent in state-controlled Luka Rijeka, which owns harbor in Rijeka in Croatia has been accepted by the local government, the company said in a market filing. The bid amounted to PLN 45.5 million. After the deal, OT Logistics will increase its stake in t...

Locked content OT Logistics to increase its stake in Rijeka harbor

WSE-listed OT Logistics is interested in increasing its stake in state-controlled Rijeka Port in Croatia, local media reported. According to the media, the government, which controls 37 percent of the port is planning to decrease its stake, and will sell 11.75 percent of the port’s shares. OT Logist...

Locked content UOKiK clears OT Logistics’ takeovers

The anti-monopoly watchdog UOKiK has cleared a deal signed by Polish inland shipping operator OT Logistics to acquire a 100 percent stake in licensed railway operator STK Group for PLN 29.7 million and an 80 percent stake in Kolej Bałtycka for PLN 3.4 million. At the same time, STK Group will acquir...

Locked content OT Logisitics acquires Sealand Logistics

Polish inland shipping operator OT Logistics has finalized a deal to acquire Sealand Logistics, a freight company, and has paid the first tranche of PLN 30 million. The second tranche will come in installments of PLN 7 million in the years 2017-2019 and the third is conditional on the long-term fina...

Locked content OT Logistics buys STK and Koleje Bałtyckie for PLN 33 mln

Polish inland shipping operator OT Logistics has signed a conditional deal to acquire a 100 percent stake in licensed railway operator STK Group for PLN 29.7 million and an 80 percent stake in Kolej Bałtycka for PLN 3.4 million, the firm said in a filing. At the same time, STK Group will acquire 91,...

Locked content OT Logistics has letter of intent to buy STK Group

Polish inland shipping operator OT Logistics has signed a letter of intent to acquire a 100 percent stake in licensed railway operator STK Group, the firm said in a filing. The company specializes in the transportation of fuels and chemical products, cargo exceeding the standard loading gauge in dim...