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DP World and CDPQ formed a joint venture for $3.7bn.

Synopsis

DP World, a global port operator, and CDPQ, an institutional investor that manages several public and parapublic pension plans and insurance programs in Quebec, formed a joint venture for $3.7bn. On September 3, 2020 DP World and Caisse de dépôt et placement du Québec announced the expansion of their ports and terminals investment through a new commitment of $4.5bn. DP World holds 55% share of the platform, and CDPQ the remaining 45%.

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