DP World Limited (DIFX:DPW) agreed to acquire additional unknown minority stake in DP World Australia (Holding) Pty Ltd from Gateway Infrastructure Investments at an enterprise value of approximately AUD 1.4 billion on January 23, 2019. Following the closure of the transaction, DP World Australia will become a consolidated entity within the DP World Group and is expected to be earnings neutral in the first full year of ownership. The acquisition is subject to regulatory approval and is expected to close in first quarter of 2019. Deutsche Bank acted as financial advisor to DP World Limited. As of January 30, 2019, Ros Anderson, Clifford Sandler, Carola Toledo Silva, Glenda Hanson, Michaela Lange, Justin Wretham and Emily Campbell of King & Wood Mallesons, Australia Branch acted as legal advisors to Gateway Infrastructure Investments. Justin Rossetto and Victoria Lanyon supported the tax work stream and banking advice was provided by Will Stawell and Samir Kinger. Sharon Henrick and Malcolm Brennan, with Christopher Kok and Katherine Yang, provided regulatory advice. Houlihan Lokey (Australia) Pty Limited acted as fairness opinion provider to Gateway Infrastructure Investments. Jones day acted as legal advisor to DP World Australia . Ka Sen Wong, Nicholas Stuart, Henry Storrar, Christian Parker, Rebecca McGee-Collett, Peter McDonald, Harsha Kumar, Aaron Kenavan, Christopher Hewitt, Gillian Hepburn, David Christensen, Kan Chen and Faisal Buali of Allen & Overy acted as legal advisor to DP World PLC. DP World Limited (DIFX:DPW) completed the acquisition of an additional unknown minority stake in DP World Australia (Holding) Pty Ltd from Gateway Infrastructure Investments in February 2019.