P&O shareholders back takeover

Shareholders of P&O today overwhelmingly backed the group’s takeover by Dubai Ports World, creating the world’s third largest ports group.

P&O shareholders back takeover
Mon, 13 Feb, 2006 - 18:23

Shareholders of P&O today overwhelmingly backed the group’s takeover by Dubai Ports World, creating the world’s third largest ports group.

Chairman Sir John Parker said at an extraordinary general meeting that 99.5% of people had backed the £3.9bn (€5.7bn) proposal.

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