(MENAFN) DP World, one of the world's largest port operators, announced it has acquired Economic Zones World (EZW), the Dubai industrial and logistics infrastructure firm, Arabian Business reported.
The purchase of EZW, in a deal which is estimated to be worth USD2.6 billion, also includes EZW's net debt of USD859 million.
Economic Zones World (EZW), which is currently owned by Port and Free Zone World, has five business units including Jebel Ali Free Zone and JAFZA Enterprises.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.