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Bidding war for P&O Ferries?
Thursday, 31 Oct, 2005
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The prospect of a bidding war for P&O Ferries has emerged after the company admitted receving a takeover approach.
The ferries and ports company is believed to be a takeover target for Dubai Ports World, although other bidders are thought likely to emerge.
P&O Ferries declined to comment other than confirming that it had received a “very preliminary contact from a third party which may or may not lead to an offer for the company”.
Report by Phil Davies
Phil Davies
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