Global Ports Holding is considering a potential merger with its parent company, Global Yatirim (GIH), which would see it delist from the London Stock Exchange (LSE).

The private offer was made by the firm last week, and Global Ports Holding, which is the world’s largest independent cruise port operator, said that it would consider the approach, which is non-binding.

In a statement, GIH, which currently owns around 59% of the firm, said that it is “convinced of the merits of moving the business into private ownership and intends to seek delisting of the company and taking it private”.

Furthermore, GIH said that it is also considering a cash offer of $3 (£2.37) per share for the firm, valuing the takeover at around £181m.

Under takeover rules, GIH has until 12 July to make a formal offer, and Global Ports Holding said that it will make a further announcement if and when appropriate.

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