Parent company Port and Free Zone World has offered to acquire the 19.55 per cent of DP World's shares traded on Nasdaq Dubai, returning the company to private ownership. It is going to give shareholders an almost 30 per cent premium on the share price before the announcement as a sweetener.
This week, Mustafa Alrawi, assistant editor in chief at The National, and Kelsey Warner, future editor, talk about DP World's decision to delist and Jeff Bezos's $ 10 billion Earth Fund.
In this episode:
DP World (0m 32s)
Earth Fund (13m 28s)
Headlines (18m 00s)
Read more on our website:
• DP World to delist from Nasdaq Dubai to focus on long-term strategy
• What does DP World’s delisting decision mean?
• DP World on lookout for acquisitions in the US
• Amazon's Jeff Bezos pledges $10bn to fight climate change
• HSBC to restructure as profit of Europe's largest bank falls 33%
• Investcorp plans second regional private equity fund following its HarbourVest deal
• World’s happiest nation seeks further joy through national financial literacy plan