M&A radar: Quintessential Kuehne + DB Schenker – goodbye and kisses, DHL & DSV
Just smell it
“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.
While the headline ...