DP World to pay $2.6bn for Jebel Ali free zone

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It’s all change at DP World.  The terminal operator plans to buy Jebel Ali free zone in the second quarter of next year, if the decision is approved by shareholders next month. The $2.6bn deal will give it “significant strategic, operational and financial benefits,” it said. The company also plans to de-list from the London Stock Exchange, as about 99% of its shares are now held by investors using Nasdaq Dubai.