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To: syriacus
In the article   Only one month ago the British were alarmed when it looked like a Sinagpore-China alliance was going to buy P&O   it says PSA is expected to launch a new £3.5bn formal offer for P&O this week in a move to beat off an earlier recommended proposal from Dubai's state-owned ports operator, DP World.

It doesn't say who recommended DP World's proposal for operating British ports. Curious if you knew who the recommendation came from and was the DP World deal recommeded so China wouldn't monopolize the port operations around Britain.

96 posted on 02/25/2006 5:33:51 AM PST by Flifuss (SCE to Aux.)
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To: syriacus
Curious if you knew who the recommendation came from

After re-reading the article, answered my own question - DP World, Dubai's state-owned ports operator, made an offer at 443p a share. Worth £3.3bn in total, this was recommended by the P&O board.

110 posted on 02/25/2006 5:46:52 AM PST by Flifuss (SCE to Aux.)
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