DUBAI: DP World Plc. It also purchased an additional stake in DP World Australia and invested through its joint ventures in Canada and India. Its Omani owner, Renaissance Services SAOG, had been exploring an initial public offering for the business as recently as September. The shares of DP World gained 1.8% in Dubai on Sunday, while those of Renaissance rose, before being suspended. Deutsche Bank AG is advising DP World, while Rothschild and Co. is advising Topaz, Sky News reported.

Source: Mint June 30, 2019 15:45 UTC