P&O to sell stake in shipping firm

Ports and ferries group P&O today unveiled plans to sell its stake in the world’s fourth largest container shipping company.

P&O to sell stake in shipping firm
Mon, 02 Feb, 2004 - 09:27

Ports and ferries group P&O today unveiled plans to sell its stake in the world’s fourth largest container shipping company.

Joint venture partner Royal Nedlloyd will acquire P&O’s 50% interest in P&O Nedlloyd in a deal valued at around £331m (€483.8m).

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