Comment / On the wires: It's showdown time for DP World

Money bag and wooden blocks with the word Fair. Balance. Fair value pricing, money debt. Fair deal. Reasonable price. Justified risk. Honest loan. Secured loans.
By

“DP World has continued its diversification strategy, today announcing it will acquire offshore oil logistics specialist Topaz Energy & Marine. It had agreed to buy the company, which operates a fleet of 117 offshore support vessels, from Renaissance Services SAOG and Standard Chartered Private Equity/Affirma Capital for $1.079bn, as it continues to expand beyond its core business of running ports.” – The Loadstar, 1 July 2019.

Mission: Rampant DP World is on a deal-making mission, showing that its ample core cash flows ...

Daily News from £12 / mo  ·  includes Daily News
Subscriber Access

This is a Daily News Story

For uninterrupted access, sign in, subscribe or upgrade to The Daily News. For as little as £12 / month (£100/year), we can get you into the room where the big decisions are made.

Forgot?

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    DP World Dubai World Supply chain radar Takeover Talk Topaz Energy & Marine