DP World To Acquire Majority Stake of UNICO

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DP World announces its agreement to acquire 60% of Korea’s UNICO Logistics, reports Reuters.

What is in the agreement?

According to a statement issued by DP World, Dubai-based global ports operator DP World has agreed to acquire a 60% stake in South Korea-based UNICO Logistics Co.

DP World said that the transaction, subject to regulatory clearance, is expected to close in the fourth quarter of this year.

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Source: Reuters

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