News / Takeover bid for Imperial another large-scale logistics move by DP World

Photo 194817664 © Björn Wylezich | Dreamstime.com

08/07/2021

Dubai-headquartered DP World has tabled an offer to acquire South African transport and logistics group Imperial Logistics for R12.7bn ($883m).

The purchase price for Imperial, which is listed on the Johannesburg Stock Exchange (JSE), represents a 39.5% premium on its stock price yesterday, and the deal ...

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