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Green Marine

about 19 years ago

UAE port giant to float 20 percent stake

Dubai port operator DP World announced on Sunday that it will sell around 20 percent of its shares in an initial public offering (IPO) starting on November 4. DP World, one of the world’s largest container-port operators, declined to declare the value of the IPO, saying only that an indicative price

1 minutes read

Dubai port operator DP World announced on Sunday that it will sell around 20 percent of its shares in an initial public offering (IPO) starting on November 4.

DP World, one of the world’s largest container-port operators, declined to declare the value of the IPO, saying only that an indicative price range will be announced shortly before the offering is launched.

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