IPO rumours circle DP World
Dubai World has declined to comment on reports that the holding company's subsidiary DP World plans to stage an initial public offering (IPO). 'It's very early to talk about an IPO,' said Dubai World vice-chairman Jamal Majid bin Thaniah. 'A while ago, we said that in two years' time we will be looking into this, but there is nothing new to add.' The UK's Sunday Times reported that DP World could stage an IPO of up to 20 per cent of its shares by November and raise almost AED 7,000 million ...
Subscriber access only
- If you are a new, paid MEED subscriber accessing the site for the first time, please activate your account.
- If you are a registered user who would like to to enjoy unlimited access to MEED.com, click subscribe to purchase a subscription or contact Customer Service by email or by calling +971 (0) 4 368 1588.
- Alternatively, you may browse MEED.com as a registered user for free. Our quick registration will allow you to sample premium business intelligence which is otherwise only available to paying subscribers through our Editor's Choice section, sign up for newsletters and to set up a library of saved articles.