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Go Ahead - UK - Court gives OK to DP World/P&O deal
London,UK -Transport Intelligence -3 March 2006: -- Despite opposition, a ruling in the High Court in the UK has sanctioned the schemes under which DP World will acquire all of P&O’s shares. Eller Company, a US operator had argued that the takeover by Dubai-based DP World broke a joint venture deal it had with a subsidiary of P&O... The debate rages in the USA over whether Dubai ports group DP World should be allowed to take over the management of several sea freight terminals...
posted by Unknown @ 10:35 AM
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