Investors expect battle for P&O after Singapore hints at a bid
Article Abstract:
With a possible bidding war in the making for the purchase of Peninsular and Oriental Steam Navigation Co., the British port operator's shares have risen 29.5 pence to 498.5 pence each. PSA International Private Ltd. and Dubai Ports World are the two companies showing interest in the British company which is the world's second largest port operator by containers handled.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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Port boom underlines P & O battle
Article Abstract:
Peninsular and Oriental Steam Naviation Co. of the United Kingdom has increased profit margins and is ripe for a buyout. Dubai Ports World of Saudi Arabia is offering 3.3 billion Pounds ($5.86 billion) and rival PSA International Private Ltd. has trumped the bid with an offer of 3.5 billion Pounds.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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Honeywell to buy Britain's Novar for $1.53 billion
Article Abstract:
Honeywell International Inc. has agreed to acquire Novar PLC for $1.53 billion. It is a strategic merger to prevent a hostile takeover by a smaller company.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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