Wednesday 11 May 2011

DP World sees London listing by end May, early June - Maktoob News

DP World , the world's third-largest port operator, is on track for a dual listing on the London Stock Exchange as early as the end of May, its chief executive said on Wednesday.

DP World also said its consolidated terminals handled 6.8 million twenty-foot equivalent container unit (TEU) in the first quarter, up 8.5 percent from the prior year.

"We remain on track to list on the London Stock Exchange around the end of May or early June," Mohammed Sharaf said in a statement to Nasdaq Dubai.

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