DP World increases stake in Australia

Capt. John

DP World today announces that it has acquired an additional stake in DP World Australia

Dubai, UAE, 23 January 2019: DP World announces that it has acquired an additional stake in DP World Australia (Holding) Pty Ltd (DP World Australia) from Gateway Infrastructure Investments (Gateway) and other financial investors valuing DP World Australia at an enterprise value of approximately A$ 1.4 billion (USD 997 mn). The acquisition is subject to regulatory approval and is expected to close in 1Q...

http://container-news.com/dp-world-increases-stake-australia/

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