Still No Running On Naviera Armas Takeover Of Trasmediterranea

April 26, 2018

Last October, Ferry Shipping News reported that Acciona reached an agreement to sell its 92.7% stake in Trasmediterranea to the Naviera Armas Group.

The deal was expected to be completed in the first quarter of 2018, after it had been approved by the competition authorities. This has not happened yet, writes OK Diaro (in Spanish).

The transaction is still pending the approval of the National Commission of Markets and Competition (CNMC). Whether or not a monopoly situation is created is the question. Armas is confident.

Photo: Mike Louagie