Dubai World’s investment arm Istithmar has put port and shipping agent Inchcape Shipping Services up for sale for USD 600 million to USD 700 million and has attracted interest from private equity groups, the Financial Times reports. Istithmar bought Inchcape for USD 285 million in 2006.
Green Marine
about 16 years ago
Dubai World wants to offload shipping activities
Dubai World’s investment arm Istithmar has put port and shipping agent Inchcape Shipping Services up for sale for USD 600 million to USD 700 million and has attracted interest from private equity groups, the Financial Times reports. Istithmar bought Inchcape for USD 285 million in 2006.
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