January 21, 2020 / 11:23 AM / 2 months ago

Dubai's DP World takes 44% stake in Swissterminal Holding

DUBAI, Jan 21 (Reuters) - Dubai state controlled port operator DP World has taken a 44% stake in Swiss container terminal operator Swissterminal Holding AG, the Dubai government said on Tuesday.

The Mayer family, who founded the business, will remain a majority shareholder, the statement said.

Financial terms were not disclosed. (Writing by Alexander Cornwell, reporting by Saeed Azhar, editing by Louise Heavens)

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