Subscribe to RSS feedNews of rights issue boosts DP World shares
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.
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 which...
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