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Home›News›Dubai World to sell Inchcape Shipping
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February 18, 2010 · about 16 years ago

Dubai World to sell Inchcape Shipping

The investment arm of trouble UAE conglomerate Dubai World, Istithmar, has reportedly put London-based port and shipping agent Inchcape Shipping Service (ISS) up for sale, hoping to nab up to US$700 million. Advent International, Cinven, Charterhouse, Montagu, TPG and Kohlberg Kravis Roberts are amo

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The investment arm of trouble UAE conglomerate Dubai World, Istithmar, has reportedly put London-based port and shipping agent Inchcape Shipping Service (ISS) up for sale, hoping to nab up to US$700 million. Advent International, Cinven, Charterhouse, Montagu, TPG and Kohlberg Kravis Roberts are among the private equity groups that have been named as potential buyers of Inchcape.

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