P&O confident of takeover

Ports and ferries group P&O today said it was confident its multi-billion pound takeover by Dubai Ports World would go ahead despite growing opposition in the United States.

P&O confident of takeover
Mon, 20 Feb, 2006 - 10:39

Ports and ferries group P&O today said it was confident its multi-billion pound takeover by Dubai Ports World would go ahead despite growing opposition in the United States.

P&O insisted it had cleared all the correct regulatory channels after a partner in Miami filed a lawsuit to block the £3.9bn (€5.7bn) deal with state-owned DP World.

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CourtsBusinessHeathrowPlace: United StatesPlace: MiamiPlace: WashingtonPlace: New YorkPlace: New JerseyPlace: BaltimorePlace: New OrleansPlace: PhiladelphiaPlace: United Arab EmiratesPlace: FloridaPlace: USPerson: Hillary ClintonPerson: Peter KingPerson: EllerPerson: Michael SeymourPerson: SeymourOrganisation: P&OOrganisation: Dubai Ports WorldOrganisation: DP WorldOrganisation: Eller & CompanyOrganisation: Continental Stevedoring & TerminalsOrganisation: House of RepresentativesOrganisation: Homeland Security CommitteeOrganisation: Department of Homeland SecurityOrganisation: US government
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