Dubai’s DP World takes 44% stake in Swissterminal Holding

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

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