Originally posted to the Reuters website, 21 January 2020
DUBAI (Reuters) – Dubai state controlled port operator DP World DPW.DI has taken a 44% stake in Swiss container terminal operator Swissterminal Holding AG, the Dubai government said on Tuesday.
The Mayer family, who founded the business, will remain a majority shareholder, the statement said.
Financial terms were not disclosed.
Link to the original post : https://www.reuters.com/article/us-dp-wrld-switzerland/dubais-dp-world-takes-44-stake-in-swissterminal-holding-idUSKBN1ZK1AK