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You are here: Home Archive 2010 March 09 Offer speculation lifts DP World share price

Offer speculation lifts DP World share price

by Roger Hailey - Lloyd's List last modified Mar 09, 2010 11:35 AM

DP World shares rose 5% after weekend reports that the Dubai-based global ports operator may offer new shares to shareholders and that troubled parent Dubai World could sell an additional stake in its subsidiary.

  
Offer speculation lifts DP World share price

On the rise: DP World shares up after reports of new offer

A United Arab Emirates-based national newspaper, citing unidentified senior sources, reported that DP World was considering offering 5% of its shares in a rights issue, while its parent could simultaneously offer a 10% stake in its ports subsidiary, a move...

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