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D P World buys 90% stake in Indian logistics firm Continental Warehouse

Dubai-owned DP World operates several ports in South America, including a container terminal in Peru's Port Callao

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Dp World

Reuters  |  Dubai 

DP World, one of the world's largest port operators, said on Sunday it had bought a logistics firm in Peru for $315.7 million, giving it a 50 percent stake in the country's second largest container terminal. The acquisition of Cosmos Agencia Maritima, which also offers maritime services, gives it half-ownership of Euroandinos Port Terminals which operates the port of Paita. Dubai-owned DP World operates several ports in South America, including a container terminal in Peru's Port Callao. DP World also said in a separate announcement that its joint venture with ...

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First Published: Sun, March 18 2018. 17:13 IST
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