Canadian investment group, CDPQ, is taking a minority stake…
Canadian investment group, CDPQ, is taking a minority stake in DP World’s Jebel Ali Port, Jebel Ali Free Zone and National Industries Park for a reported figure of US$5 billion. Other long-term investors are also expected to take up the opportunity to acquire an additional stake valued at up to US$3 billion. This transaction reportedly implies a potential total enterprise value of around US$23 billion for the three businesses.