Canada-based CDPQ, a global investment group, has announced an investment totalling US$5 billion in three of DP World’s key UAE assets, thereby giving it a minority stake in these businesses.
CDPQ will directly invest US$2.5 billion in Jebel Ali Port, Jebel Ali Free Zone and the National Industries Park through a new joint venture in which it will hold a stake of approximately 22%, with the remainder of the transaction being financed by debt. Other long-term investors will have the opportunity...
https://www.themaritimestandard.com/global-investment-group-to-invest-in-dp-world-uae-assets/