Emirati marine terminal operator DP World plans to expand its logistics operations into Africa via a proposed acquisition of South African logistics company, Imperial Logistics.

DP World’s offer to acquire Imperial Logistics equates to approximately USD890 million, representing a 39.5% premium on Imperial Logistics’ share price as at 7 July.

For more information, please see https://iclg.com/alb/16790-dp-world-to-acquire-imperial-logistics-for-usd-890-million