The ignorance of business acquitions and how they are done is astounding.
It's really easy, DPWorld(based in the UAE) made a bid for P&O(based in the UK). The P&O shareholders accepted the offer and DPWorld will take over P&O assets.
The one talking point that kills me is that this was a "secret" deal.
I find that little talking point suspect at best. The media can't help itself to paint this administration in a bad light. It fits in with their "this administration is the most secretive in modern history" talking point.