DP World Postpones Listing Shares on London Exchange
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DP World Ltd., the world’s fourth-biggest port operator, postponed the listing of its shares on the London Stock Exchange as it awaits the completion of a link between the bourses in London and its home market Dubai.
DP World, owned by the Dubai government, “decided to postpone the listing process until an acceptable system that supports the dual listing is available,” DP World said in a statement to Nasdaq Dubai today. The “next practical window of opportunity” to seek a London listing would now be after the publication of its 2010 audited annual results, it said.