Judge asked to block P&O takeover

A High Court judge in London was asked today to block the controversial takeover of shipping giant P&O by Dubai Ports World (DPW).

Judge asked to block P&O takeover
Mon, 27 Feb, 2006 - 14:23

A High Court judge in London was asked today to block the controversial takeover of shipping giant P&O by Dubai Ports World (DPW).

Objections to the takeover were raised by Miami-based Eller & Co, which has a joint venture agreement with a P&O subsidiary and claims that the deal will harms its interests.

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