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Dubai's DP World to delist, return to full state ownership

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Published Mon, Feb 17, 2020 · 06:07 AM

    [DUBAI] Dubai's DP World, one of the world's largest port operators, said on Monday it would delist from the Nasdaq Dubai exchange after its parent company offered to acquire its 19.55 per cent listed shares.

    DP World will be fully owned by parent Port and Free Zone World, a subsidiary of state investment vehicle Dubai World, once it delists.

    REUTERS

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