Monday, February 27, 2006

DPW takeover of P&O

My first impressions of the DPW takeover of P&O conflicted with my interpretation of what GWB stated in the 2004 elections regarding terrorism as being our #1 priority. This was validated in the FT article Bush trips up trying to balance security fears with free trade.

 

This continues to make headlines (did they misspell February):

13 Febuary 2006

DP World to acquire P&O

We are delighted to announce that the shareholders of P&O have approved the sale of shares to DP World. At an EGM held in London this afternoon, the shareholders voted over 99% in favour of the DP World acquisition. This means that the process of transferring ownership can now begin, and we expect for this to be confirmed by the court on 2nd March 2006.

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