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Wednesday, 26 January 2011

DP World in Talks to Buy 25% Stake in Hamburg Port, Bayan Says - Bloomberg

DP World, the Dubai government- controlled ports operator, is continuing talks to purchase a 25 percent stake in Hamburg Port, Al Bayan reported, citing Hans- Joerg Schmidt-Trenz, chief executive officer of Hamburg Chamber of Commerce.

China is competing to buy the same stake, the newspaper said.