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Thu, 31.08.2023
Home BUSINESSDubai’s DP World said to near deal for Hong Kong tycoon’s assets

Dubai’s DP World said to near deal for Hong Kong tycoon’s assets

by Press Room


DP World is nearing a deal to buy Cargo Services Far East Ltd. from Hong Kong tycoon John Lau, people familiar with the matter said, a move that would give the Dubai port operator a bigger footprint in Asia.

The companies are finalizing the details of a transaction that could be announced as early as in the coming days, the people said, asking not to be identified because the matter is private. A…



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