Stella Maris Centenary Rose project to help seafarers
NewsIn its centenary year, Stella Maris has come up with an online rose purchase project to raise funds for seafarers at this very difficult time
Trasmediterránea changing hands
Following a sale and purchase agreement that is contingent on approval by the Spanish authorities, Acciona will sell its 92.7% stake in mainland-Balearics, Canary Islands and Ceuta/Melilla exclaves ro-pax ferry operator Trasmediterránea to Naviera Armas Group. The value of the deal is understood to be €388M, including €127.3M of debt write-downs to various Acciona companies. If regulatory approval is obtained, the deal should be concluded in Q1 2018.
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