03.12.2009 - Dubai World will not give up on crown jewels
From Moneycontrol.com: Dubai World is looking to hold on to key revenue-generating assets including port operator DP World and its stake in Standard Chartered, but creditors may yet force it to part ways with prized entities. The troubled state-controlled conglomerate on Monday shed some light on how it planned to restructure USD26 billion in debt, including through asset sales, in its first statement since requesting a delay in repaying billions in debt till May 2010.................................Full Article: Source
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