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Image header Agence Europe
Europe Daily Bulletin No. 10844
ECONOMY - FINANCE - BUSINESS / (ae) competition

13/05/2013 (Agence Europe) - Mergers: DP World Asia/Goodman/DP. On 13 May, the European Commission granted clearance to the proposed merger whereby the companies Goodman Hong Kong Logistics Fund, which is ultimately controlled by the Goodman group (Australia), and DP World Ltd (United Arab Emirates) plan to take joint control of DP World Asia Limited (Hong Kong, China). Goodman is an integrated commercial and industrial property group that owns, develops and manages real estate including warehouses, large-scale logistics facilities, business parks and offices. DP World is an international maritime operator providing cargo handling and logistics services across the world. DP World Asia Limited is active in container terminal services and logistics in Hong Kong. (OL/transl.fl)

 

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