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).

(Source DP World, investor presentation, Jan 2019)

The M&A tally, if as is likely the Pulgosa deal goes though – 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 ...

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