Deal Snapshot
DP WORLD TO ACQUIRE MAJORITY STAKE IN TIS CONTAINER TERMINAL
Friday 14 February 2020

Dubai-based port operator DP World plc (FRA: 3DW) has agreed to acquire a 51% majority stake in TIS Container Terminal in Ukraine's port of Yuzhny, to expand footprint in Ukraine, the company said.
The port of Yuzhny is a deepwater multipurpose terminal located in the north-west coast of the Black Sea and is ideally situated to serve the strong Ukrainian domestic market, as well as Belarus and other parts of Eastern Europe.


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Details
Date Published: 14/02/2020
Target: TIS Container Terminal in port of Yuzhny/51% stake
Country: Ukraine
Sector: Water Transport
Type: Corporate acquisition
Financing:
Status: Agreed
Vendor:
Buyer: DP World
Comment:
Terms of the deal were not disclosed

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