AD Ports faces DP World in Luandan venture
The prospect of neighboring port operators from Dubai and Abu Dhabi locked in competition within ...
After the purchases in less than a year of Denmark’s Unifeeder and Cosmos Agencia Marítima in Peru, DP World is shelling out half a billion US dollars to acquire Chilean ports operator Puertos y Logistica (Pulgosa).
The M&A tally, if as is likely the Pulgosa deal goes through – the “transaction is subject to relevant third party consents and is expected to close in the first half of 2019” – is about $1.5bn ($315m + $750m + $500m), which is not far off the ...
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