DP World, Canadian Fund Ponder $4.5 bln Investment in Port Terminals

Maritime Activity Reports, Inc.

September 3, 2020

Credit: DP World

Credit: DP World

Global port operator DP World and Canadian pension fund Caisse de Depot et Placement du Quebec are nearing a deal to invest an additional $4.5 billion in their global portfolio of port terminals, Bloomberg News reported on Thursday, citing people familiar with the matter.

DP World and the Canadian pension fund manager could announce the injection of funds as early as this week, the report added.

DP World and Caisse de Depot et Placement du Quebec were not immediately available to comment in response to a Reuters request. 

(Reporting by Aakriti Bhalla in Bengaluru; Editing by Mark Potter)

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