The UAE-based global port operator, DP World has made an offer to the African-focused logistics solutions provider, Imperial Logistics, to acquire all outstanding shares of the company for US$4.6 per share, which translates to a total of US$890 million.
The potential acquisition will enhance DP World’s capabilities, particularly in Africa, building on its infrastructure of ports, terminals and economic zones and will also significantly accelerate the company’s transformation into an advanced...
https://container-news.com/dp-world-to-buy-imperial-logistics-for-us890-million/