DP World's debut on the London Stock Exchange yesterday failed to excite investors, but the potential for the company's majority owner to sell more shares gained traction among market players.
Investors and market analysts downplayed the company's first day of trading but looked to its biggest shareholder, Dubai World, as a signal of DP World's future trading activity.
Dubai World owns 80 per cent of DP World and revealed in the port operator's prospectus published before the London listing that it would consider selling a portion of its stake to repay debt due by the end of this year.
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