DP World agrees with Associated British Ports to extend the licence agreement for DP World Southampton for a further 25 years

DP World Limited has agreed with Associated British Ports (ABP) to extend the licence agreement for DP World Southampton for a further 25 years until 2047, the company said in its press release.  Simultaneously, DP World announces that it has acquired the remaining 49% stake  in DP World Southampton from ABP, making DP World the sole owner of the business.