DP World Decides to Delist
DP world has recently announced its intention to delist from Nasdaq Dubai citing the board’s decision that the disadvantages of remaining listed...
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TRACKING TRAFFIC/Containers & Air Cargo: Rates Rose in January, But Margins Remain Under Pressure
Our index suggests average container shipping rates increased by around 6.6% in January. This is the largest YoY increase for our index since June...
540 Views
DP World Squeezeout - Governance Discount Deserved (And Served) So Minorities Lose
Dubai-owned ports operator DP World has been a fixture in the M&A and offshore M&A space the last decade, with a dozen and a half...
626 Views
DPW: Sailing Further It Can Row Back
We believe the valuations are cheap as DPW trades at 9.3x EV/EBITDA LTM compared with 12.4x for companies we cover. We estimate 2019 growth will...
660 Views
DP World: Fundamentals Drive Growth Amid Non-Core Expansion
DPW intensified activities in the non-terminal segment in 2018 acquiring businesses in warehousing, logistics and shipping services. The strategy...
806 Views