Competition concerns over DP World takeover of Silk Logistics
Australia’s Competition Commission (ACCC) has flagged a series of concerns over DP World’s proposed acquisition ...
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The High Court of England & Wales has placed an injunction on Port de Djibouti’s (PDSA) attempts to terminate its joint-venture with DP World.
The ruling follows the London Court of International Arbitration’s ruling in favour of DP World after Djibouti’s government seized control of the Doraleh Container Terminal.
Under this latest court order, PDSA has been prohibited from removing DP World-appointed directors of the DCT joint-venture.
The ruling said: “PDSA is [also] not to interfere with management of DCT until further [court] orders ...
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