DPW likely to win P&O race
By Babu Das Augustine (Assistant Editor)
DUBAI - The chances of Dubai Ports World (DPW) winning the hotly contested takeover bid for British ports and ferry operator Peninsular & Oriental Steam Navigation Co appeared brighter yesterday as Singapore owned PSA was reported to be considering quitting the race.
Speaking to Khaleej Times’ Business Editor, Sultan Ahmed bin Sulayem, chairman of DP World said: "The DP World bid is the only real bid and we wait to see the result."
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