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Comment / M&A radar: Deal talk swirls around DP World

Hot Deals, Businessman Writing on Glass
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“Sultan Ahmed Bin Sulayem, group chairman and CEO of DP World, rang the market-opening bell at Nasdaq Dubai today to celebrate the listings of two Sukuk and two conventional bonds with a total value of $2.3bn. DP World will use the capital raised for debt refinancing and to fund growth opportunities. The listings, carried out during 2019, comprise two Sukuk of one billion US dollars and $500m, and two conventional bonds of $500m and $300m.” – DP World, 25 November. 

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