Veolia's Transdev in talks with Unishipping about SNCM sale
PARIS May 26 (Reuters) - U.S.-Mexico ferry operator Baja Ferries is in talks with French transport firm Transdev about buying its 66 percent stake in France-Corsica ferry operator SNCM, the head of Baja Ferries told Reuters on Monday.
Operator of a ferry line between Topolobampo, Mexico, and the city of La Paz on the Baja peninsula in California, Baja Ferries is part of Paris-based Unishipping, a privately owned shipping group.
"Our proposal for SNCM seems well accepted by Transdev and was presented to the government," Unishipping Chief Executive Daniel Berrebi said.
A source close to Transdev confirmed the talks. "Unishipping is a serious candidate," he said.
Norway's Siem Shipping Inc this month withdrew its bid for SNCM in a blow to environmental services group Veolia whose Transdev unit - which it jointly owns with state-owned Caisse des depots - has been trying for years to sell loss-making SNCM.
(Reporting by Geert De Clercq; editing by Jason Neely)
© Thomson Reuters 2017 All rights reserved.