DP World, a global port operator, acquired a stake in its Australian business from Gateway Infrastructure Investments, an investment fund managed by Corsair Capital. As a result of this transaction, DP World will hold a majority stake in the company, alongside a substantial minority investment by CIP-managed funds. Financial terms were not disclosed. Hari R. Rajan, Managing Director of Corsair and Head of CIP, said, “We are pleased to have achieved the exit of Gateway’s investment in DPWA, while maintaining our strong relationship with DP World through our continued management of a large investment in the company. We believe this new shareholder structure will further leverage the global capabilities of DP World and support the continued growth and development of DPWA’s container terminal and other businesses.”