March 6, 2019 |
DP World has priced its takeover offer for Puertos y Logística (Pulogsa) in Chile, planning to spend up to $503m for full control of the port terminal operator.
The Dubai-based port operator has offered to buy 230m shares in Pulogsa for $2.19 per share through its British subsidiary DP World Holding UK Limited.
DP World said in January that it would offer to buy all shares in Pulogsa after agreeing to acquire 71.3% of the company from Minera Valparaíso and other shareholders from the Matte Grou
Dubai-based port operator plans to spend $503m to take full control of the Chilean terminal