CDPQ

Canadian investors acquire minority stake in DP World’s Jebel Ali Port

Under a joint venture structure, Canadian investment group CDPQ will take a minority stake in DP World’s Jebel Ali Port, Jebel Ali Free Zone and National Industries Park for US$5 billion.

Additionally, other long-term investors have the opportunity to acquire an additional stake of up to US$3 billion.

The transaction implies a total enterprise value of approximately US$23 billion for the three businesses.

The businesses will remain fully consolidated within the DP World group, and their day-to-day...

https://container-news.com/canadian-investors-acquire-minority-stake-in-dp-worlds-jebel-ali-port/

Three lessons from Project Sand Dollar, How low rates are reshaping the investment landscape

Three lessons from Project Sand Dollar, How low rates are reshaping the investment landscape

Thursday 1 October 2020   –   Vol.11 Ed.40.5

Commentary: Three lessons from Project Sand Dollar

by John Kim in Vancouver and Vinay Mohan in Toronto

In the summer of 2019, the Central Bank of The Bahamas announced the launch of ‘Project Sand Dollar’, an attempt to build a digital version of the Bahamian dollar with retail and wholesale applications. As one of the few live retail CBDC projects, the sand...

https://www.allaboutshipping.co.uk/2020/10/01/three-lessons-from-project-sand-dollar-how-low-rates-are-reshaping-the-investment-landscape/