Strategic partner in the acquisition of CV Handling announced in mid-August

Praia, Apr 8 (Inforpress) – The winner of the last phase of the competition to select a strategic partner for the acquisition of up to 51% of the share capital of CV Handling will be announced in mid-August.

The information was given to the press today by the coordinator of the State Business Sector Monitoring Unit (USAE), Sandeney Fernandes, who said that the privatisation process for up to 51% of CV Handling's share capital began on 20 February 2024 and that four companies have been accepted.

The initiative, in line with the government's vision for the future of Cabo Verde, according to the USAE coordinator, culminated in the first phase in September 2024, with five applications having been submitted and, after the Council of Ministers analysed some of the data, four were qualified.

‘After analysing in detail all the information submitted by the candidates, in accordance with the requirements set out in the specifications, we drew up a report that was presented to the Council of Ministers, which was approved, with an assessment of the applications that were submitted, the reasons for accepting or rejecting the applications,’ said Sandeney Fernandes.

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