"Dubai World DBWLD.UL, the state-linked group whose $25 billion of debt brought the emirate to the brink of financial collapse in 2009, has sold one of its UK assets as part of its efforts to repay creditors.
A unit of Toronto-based investment company Brookfield Asset Management (BAMa.TO) has bought logistics warehouse developer Gazeley from Dubai World subsidiary Economic Zones World (EZW), the Canadian firm said in a statement on Tuesday.
It did not disclose the value of the transaction."
'via Blog this'
No comments:
Post a Comment