Deal talk, new partners and codswallop in logistics
It’s a wrap…
“DP World has continued its diversification strategy, today announcing it will acquire offshore oil logistics specialist Topaz Energy & Marine. It had agreed to buy the company, which operates a fleet of 117 offshore support vessels, from Renaissance Services SAOG and Standard Chartered Private Equity/Affirma Capital for $1.079bn, as it continues to expand beyond its core business of running ports.” – The Loadstar, 1 July 2019.
Mission: Rampant DP World is on a deal-making mission, showing that its ample core cash flows ...
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