DP World in talks to acquire Hong Kong-based logistics firm
A transaction could value the Hong Kong-based company at USD 800 mn
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A transaction could value the Hong Kong-based company at USD 800 mn
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The company has a wide product range that includes VTOLS used for mapping and cargo delivery
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The acquisition will help GFH grow its business, expand its portfolio, and enhance its warehousing and logistical capacity
Gulfnav is still conducting due diligence on the company, but expects to close the acquisition in 1Q 2024
The California-based logistics player is an expert in the transport of automotive vehicles and energy storage
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