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To: Star Traveler
Well, news is coming out now that the UAE will sell its interests to an American entity.

Actually the UAE did not specify an American entity. They simply said the American portion of the deal would be divested to 'another party.' You may have read otherwise in an AP report or heard it on ABCNNCBS or somthing but it ain't true.

1,162 posted on 03/09/2006 12:44:08 PM PST by TigersEye (Everywhere I look all I see are my own desires.)
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To: TigersEye

"DP World has decided to transfer fully the U.S. operation of P&O Operations North America to a United States entity,"

http://www.businessweek.com/ap/financialnews/D8G88KUO2.htm?campaign_id=apn_home_down&chan=db


1,173 posted on 03/09/2006 12:47:08 PM PST by bwteim (Begin With The End In Mind)
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To: TigersEye

You said -- "Actually the UAE did not specify an American entity. They simply said the American portion of the deal would be divested to 'another party.' You may have read otherwise in an AP report or heard it on ABCNNCBS or somthing but it ain't true."

Well, it is a bit early to get all the details right. However, the idea of them selling their part is what will clear the deal. Whomever the other party is -- everyone is going to say that it's better than the UAE (no matter what their position was before). This will start to die down now, if the fact of their selling their interests bears out.

Regards,
Star Traveler


1,199 posted on 03/09/2006 12:55:48 PM PST by Star Traveler
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