DP World, the world's third-largest port operator, sold its 34 percent stake in U.K-based Tilbury Container Services Ltd for $75.48 million, it said in a statement on Thursday.
The port operator sold the stake in the deep-sea container services firm to a subsidiary of Otter Ports Holdings Ltd, owner of Forth Ports Limited, it said in a statement on the Nasdaq Dubai website.
Tilbury, a key shipping and distribution port access to London and the South East of England, is now fully owned by Otter Port Holdings Ltd following a similar transaction with its other owner Associated British Ports, the statement said.
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