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To: Lazamataz

P&O is owned by British and Dutch companies, in fact - the ONLY other bid came from a SINGAPORE company - I don't know if there are any American companies in existance to take over port operations in any event.


393 posted on 02/21/2006 1:09:18 PM PST by clawrence3
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To: clawrence3

"the ONLY other bid came from a SINGAPORE company"

Hmmm...I didn't see that notice in the paper. Probably the governors, and represenatives from those state didn't either, due to the reaction.


429 posted on 02/21/2006 1:12:54 PM PST by Tulsa Ramjet ("If not now, when")
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To: clawrence3
"P&O is owned by British and Dutch companies,"

Just to update you a little:

On Sunday September 30, 2005 the P&O was in takeover talks with Dubai Ports World, a company owned by the government of Dubai in the United Arab Emirates. A bidding war commenced when Singapore's PSA International made a £3.5 billion offer, which Dubai Ports World then topped with a bid of £3.9bn (US$7bn) [3]. (Eventually) the PSA withdrew, and in February 2006 shareholders voted in favour of the offer from Dubai. [4]. The Arab-owned company will become the world's third largest ports operator . (from the Wikipedia)

1,013 posted on 02/21/2006 2:39:34 PM PST by TheCrusader ("The frenzy of the mohammedans has devastated the Churches of God" Pope Urban II ~ 1097A.D.)
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