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DP World reserves on IPO
- United Arab Emirates: Wednesday, October 11 - 2006 at 07:41
DP World has not yet decided on whether or not to raise funds through a public float of its shares, local newspapers reported. Some foreign media have been reporting that the company could list shares from an IPO in Dubai and London. But the company's chairman, Sultan Ahmad Bin Sulaymen, said an IPO was only one option to raise funds, and no decision has been taken yet.
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James McInerney, News EditorWednesday, October 11 - 2006 at 07:41 UAE local time (GMT+4)
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This article was updated on Thu Oct 12 2006.
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