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DP World mum on Australian float speculation

by mckayr last modified Feb 01, 2010 03:22 PM

DP World has refused today to be drawn on a report that its Dubai parent company was looking at a $1bn float of its Australian operation.

DP World mum on Australian float speculation

Speculation: DP World has not confirmed plans for a $1bn Australian float (Photo: www.photosydney.com.au)

A report in the Australian Financial Review said a new entity, to be called DP Australia, would be part of a global DP World strategy to free up "value" from its port holdings.

A DP...

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