DP World in talks with private equity firm
Güncelleme Tarihi:
The Associated Press
Oluşturulma Tarihi: Mayıs 12, 2009 00:00
DUBAI - DP World, one of Dubai's most global companies, said Sunday its main government-owned shareholder is in talks to possibly sell a minority stake in the port operator to a Middle East private equity firm.
A successful deal could provide a significant boost to DP World, whose shares have tumbled more than 70 percent since they were floated in late 2007. The buy-in could also give the company's cash-strapped parent a welcome capital injection.