P&O shares up amid bidding talk

Shares in P&O soared another 12% today amid speculation that a fresh bid to rival the €4.88bn offer from Dubai Ports World could be mounted.

P&O shares up amid bidding talk
Fri, 02 Dec, 2005 - 18:12

Shares in P&O soared another 12% today amid speculation that a fresh bid to rival the €4.88bn offer from Dubai Ports World could be mounted.

The stock closed up 51p at 494p – well ahead of the 443p a share offered by DP World – which valued the ports and ferries group at around €5.4bn today.

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