Bidding war for P&O Ports?

News-in-print

A bidding war for P&O Ports is on the cards after it was announced in London that a “tentative approach” had been made by Dubai Ports World (DP World).

This is the name for the newlycombined DPA, DPI and former CSXWT operations run by Mohammed Sharaf, former CEO of DPI Terminals. Shares in P&O Steam Navigation Company rose by 39 per cent to £4.2975 on the news – enough to value the company at £3.12 bill (US$5.5 bill).

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Bidding war for P&O Ports? ‣ WorldCargo News

Bidding war for P&O Ports?

News-in-print

A bidding war for P&O Ports is on the cards after it was announced in London that a “tentative approach” had been made by Dubai Ports World (DP World).

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