Ports and ferries group P&O ended its interest in container shipping today when it raised £378m (€569.8m) from the sale of its stake in Royal P&O Nedlloyd.
The 25% holding is to be snapped up by AP Moeller-Maersk as part of its £1.5bn (€2.3bn) takeover of the world’s fourth largest provider of container shipping.
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