DP World is reportedly eyeing an acquisition of Hong Kong-based Cargo Services Far East
A takeover could be valued at as much as USD 400 mn
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A takeover could be valued at as much as USD 400 mn
The acquisition sees EasyLease establishing a footprint in the regional smart mobility and railway sectors
The intermodal hub will serve as a central hinge in the Middle Corridor connecting Asia and Europe
The move would see PIF consolidating Saudia within its growing aviation portfolio
Mubadala was tapped by Ardian to come on board a 60% buyout move
Logistics and transport is among key strategic sectors prioritized by the PIF
The potential transaction is under review by Tanzania’s antitrust regulator
The USD 211.20 mn acquisition is set to be finalized 1H 2024
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