Stricter Exon-Florio Process Expected After Ports Flap

April 2006
Mergers & Acquisitions: The Dealermaker's Journal;Apr2006, Vol. 41 Issue 4, p12
The article reports on the controversial acquisition of Great Britain-based Peninsula & Oriental Steam Navigation Co. (P&O) by Dubai Ports World. The buyer has given up P&O contracts to manage facilities at six major U.S. ports. The deal also served as a catalyst for the tightening of the current structure in foreign investments under the Exon-Florio Act.


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