Dubai Drydocks World (DDW), a Dubai World company, is aiming to borrow up to $2bn to fund its expansion programme, reported Bloomberg citing un-named bankers. DDW exercised its right to buy 100% of Singapore's Pan United Marine in July for $429m. DDW comprises Dubai Drydocks and the Al Jadaf Shipyard. [AMEInfo.com]



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Posted: 10|15|07 at 12:33 pm. Filed under: News.