Dubai World tipped to buy Gazeley for £300m

By A staff reporter 2008-06-10T00:00:00

Wal-Mart's industrial property developer Gazeley is being sold to Dubai World, the emirate's sovereign wealth fund, in a transaction worth more than £300mln (EUR 376mln), newspaper the Financial Time reported, The paper, without quoting sources, added that the acquisition, made via Dubai World's logistics development unit Jebel Ali Free Zone ...

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