DP World Limited (DIFX:DPW) has entered into an agreement to acquire 100% stake in Maritime World LLC for $180 million on September 18, 2017. In a related deal, P&O Maritime FZE has entered into an agreement to acquire 100% stake in Dubai Drydocks World, LLC from Dubai World Corporation for $225 million on September 18, 2017. The transaction is expected to close before the end of the first quarter of 2018. The acquisitions are expected to be earnings accretive from the first full year of consolidation. James McCarthy, Lillian Mirsafavi, Tariq Imam, Andrew Steele, Osama Lone and Tarek Soliman of Clifford Chance LLP (UAE) acted as legal advisors and Citigroup Inc. (NYSE:C) acted as the financial for Dubai World Corporation. Deutsche Bank Aktiengesellschaft (DB:DBK) acted as financial advisor for DP World Limited (DIFX:DPW). Deutsche Bank AG, Dubai Branch acted as financial advisor for DP World. Moelis & Company acted as financial advisor to the banks, involved in the transactions. DP World Limited (DIFX:DPW) completed the acquisition of 100% stake in Maritime World LLC on January 11, 2018.