HONG KONG — Dubai's government-backed port operator is selling stakes in two Hong Kong container terminals and a logistics business for $742 million. DP World said Thursday it sold 75 percent of its stakes in CSX World Terminals and the ATL Logistics Center to Australian warehouse operator Goodman Group for $463 million. The company also sold its stake in Asia Container Terminals for $279 million to Hutchison Port Holdings Trust. DP World said its net gain will be $151 million because some money will go to repay shareholder loans. They're the latest overseas asset sales for the world's third-largest seaport operator. In September it sold stakes in port businesses in Belgium and Yemen. The profit-making company is part of the troubled Dubai World conglomerate, but was excluded from its parent's multibillion-dollar debt restructuring. — AP
