P&O board keen on Dubai bid

British ports and ferries group P&O bowed to a £3.3bn (€4.8bn) takeover from Dubai today as the iconic shipping brand signalled the end of 168 years of independence.

P&O board keen on Dubai bid
Tue, 29 Nov, 2005 - 15:23

British ports and ferries group P&O bowed to a £3.3bn (€4.8bn) takeover from Dubai today as the iconic shipping brand signalled the end of 168 years of independence.

P&O’s board admitted the price offered by Dubai Ports World was too attractive to turn down, although it had not been looking to sell up.

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CourtsBusinessHeathrowPlace: DubaiPlace: LondonPlace: SydneyPlace: CalcuttaPlace: SingaporePlace: Hong KongPlace: Earls CourtPlace: UKPlace: FrancePlace: BelgiumPlace: NetherlandsPlace: IrelandPlace: SpainPlace: DP WorldPlace: Abu DhabiPlace: AdelaidePlace: BusanPlace: KoreaPlace: Thames GatewayPlace: ThurrockPlace: DenmarkPerson: ChairmanPerson: SirPerson: John ParkerPerson: Keith BowmanOrganisation: P&OOrganisation: Dubai Ports WorldOrganisation: DP WorldOrganisation: Bovis HomesOrganisation: TemasekOrganisation: Port of Singapore AuthorityOrganisation: Hutchison PortsOrganisation: APOrganisation: Moller-MaerskOrganisation: Hargreaves Lansdown Stockbrokers
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