Global Yatirim Holding is the controlling shareholder in Global Ports Holdings (GPH), which is the largest cruise port operator in the world. It announced on Friday it was taking the London-listed company private.

Global Yatirim is considering an offer of $3 per share for the remaining 59% in GPH.

Global Yatirim stated that "GIH, as the controlling shareholder, is convinced of its merits in moving the business to private ownership and will seek delisting the company."

The company said that it is in talks with potential financiers to acquire the stake.

GPH had forecast passenger numbers of almost 20 million per year for 2025 earlier in the day. This was after the company reported a 47% increase in core earnings adjusted for the fiscal year ending March 31.