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Brussels approves of the passage of the control of DP World Australia to Citigroup
According to the EU commission, the operation re-enters in the head of application of the communitarian regulations on the concentrations
March 3, 2011
The EU commission has approved of the acquisition of the control of DP World Australia Ltd. by Citigroup Alternatives Investments LLC (CAI) of the group Citigroup Inc. American and of the Canadian Public Sector Pension Investment Board (PSP) ( on 22 December 2010). According to the Commission, the concentration re-enters in the head of application of the communitarian regulations on the concentrations.
The new share compages of DP World Australia are constituted by CAI with 50.01%, DP World with 25.00% and PSP with 24.99%.
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