News / DP World takes over ABP's stake in Southampton's container terminal

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DP World has taken full control of the container facilities at Southampton after acquiring the 49% stake owned by Associated British Ports.

There has been speculation for years that one of the two partners would ultimately become sole owner of the facility, which began life as Southampton Container Terminal in a joint-venture between P&O Ports and ABP.

P&O Ports’ stake was transferred to DP World after the Dubai-headquartered company acquired the British terminal operator in a $6.9bn deal in 2006, and the ...