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DPW (Dubai) to sell off all its US ports (BBC)

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mogster Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-16-06 05:35 AM
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DPW (Dubai) to sell off all its US ports (BBC)
Dubai Ports World (DPW) has confirmed it intends to sell all its US port operations to an American buyer within four to six months.
The United Arab Emirates-based firm is being forced into the sale due to strong opposition from US politicians over security firms.

DPW took over operations at six major US ports including New York when it bought UK firm P&O earlier this month.

US politicians are opposed to the key ports being in Middle Eastern hands.

http://news.bbc.co.uk/2/hi/business/4810242.stm
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'Strong opposition' - I guess that is the most proper word for it ;-)
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Moderator DU Moderator Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-16-06 06:28 AM
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