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05 December 2020 The on-line newspaper devoted to the world of transports 06:52 GMT+1

January 24, 2019

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Original news
DP World riacquisisce the control of the branch Australian

Investment of about 250 million dollars

The terminalista group DP World of Dubay has announced an increment of the participation in DP World Australia, society that work container terminal in the Australian ports of Brisbane, Fremantle, Melbourne and Sydney and of which in the 2010 Middle Eastern group had yielded 75% of the capital(on 22 December 2010).

Currently DP World stops 25% of the capital of the Australian company and the ulterior quota will be acquired from the group will be yielded by the American Gateway Infrastructure Investments, bottom that is under responsibility of the Corsair Infrastructure Partners (CIP). DP World, specifying that the value of the acquisition assigns to DP World Australia a enterprise value of about 1,4 billion dollars Australian (USA 997 million dollars), has specified that to conclusion of the transaction, previewed within the first trimester of this year, DP World Australia will enter to take part of the perimeter of consolidation of the group of Dubay, confirming therefore that with the DP World operation it will acquire altogether beyond 50% of the capital of the Australian society investing about USA 250 million dollars in order to buy ulterior a 25% about of the capital.

In the 2017 terminal managed from DP World Australia, that four million teu have a containerized trade ability pairs to about, they have enlivened 3,4 million teu.

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