P&O to float Bovis sooner than expected
Transport £2bn disposals programme accelerated
Peninsular and Oriental Steam Navigation Company is to float its
Bovis construction arm next month, six months earlier than expected.
The move is part of an accelerated disposal of P&O's non-shipping
activities.
Bovis is expected to be valued at £300m-£350m even though
the construction sector
...... Read more on Financial Times
|