Dubai-based container terminal operator DP World is set to delist from the Dubai Nasdaq stock exchange after majority shareholder Ports & Free Zone World (PFZW) offered to acquire the 20% of shares it does not own.
In a statement to the Dubai stock exchange, the company said minority shareholders had been offered $13 per share, which valued DP World at $13.9bn, and added after the sale, the company would be delisted …
The post DP World to delist from Dubai stock exchange to drive expansion of supply chain footprint appeared first on The Loadstar.
Source: The Loadstar
Be the first to comment on "DP World to delist from Dubai stock exchange to drive expansion of supply chain footprint"