« BUSA 101 Contents | Main | U.K. Stocks Decline, Paced by Compass; Ireland's Eircom Rises  »

Dubai Ports to buy P&O for $5.7 bln


Dubai Ports to buy P&O for $5.7 bln
Reuters Asia - By Michael Smith and Dayan Candappa LONDON/DUBAI (Reuters) - State-backed Dubai Ports World agreed to buy UK ports and ferries group P&O (PO.L: , , ) for 3.3 billion pounds on Tuesday, creating the world's third-largest ports company. linked firms scouring the globe for assets to invest the Gulf emirate's mountain of oil cash

Technorati Tags: