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DDW seeks $2bn
- United Arab Emirates: Monday, October 15 - 2007 at 15:33
Dubai Drydocks World (DDW), a Dubai World company, is aiming to borrow up to $2bn to fund its expansion programme, reported Bloomberg citing un-named bankers. DDW exercised its right to buy 100% of Singapore's Pan United Marine in July for $429m. DDW comprises Dubai Drydocks and the Al Jadaf Shipyard.
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Jonathan Sheikh-Miller, Deputy EditorMonday, October 15 - 2007 at 15:33 UAE local time (GMT+4)
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