DP World divests stakes in Belgium, Yemen
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DP World divests stakes in Belgium, Yemen

DP World divests stakes in Belgium, Yemen

Dubai's port operator DP World has said it has sold off stakes in port businesses in Belgium and Yemen, the Associated Press has reported. The government-backed firm said it sold its 60% stake in Belgium's DP World Breakbulk NV and AProjects NV to a buyer named Orienta NV. It said the businesses are worth $61m. Meanwhile, the company said it will no longer manage Yemen's Aden port after reaching a deal with Yemeni officials to divest its 50% stake in the business. Financial terms were not disclosed.

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