Friday, December 30, 2016

DP World increases stake in Pusan Newport Company

DP World increases stake in Pusan Newport Company

DP World increases stake in Pusan Newport Company

DP World has acquired an additional 23.94 percent stake in Pusan Newport Company (PNC) in South Korea from Samsung Corporation & Subsidiaries. With this, DP World’s holding in PNC has increased to 66.03 percent. The terms of the transaction, however, remain undisclosed.

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