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18 September 2021 The on-line newspaper devoted to the world of transports 00:56 GMT+2

March 12, 2002

P&O bid prompts takeover review

Simon Bowers

The proposed merger between P&O Princess and US rival Royal Caribbean has prompted Britain's takeover regulator to announce plans to close a loophole in its rules.

The change would be seen as a victory for a band of institutional shareholders that has lobbied hard against US-style "poison pill" clauses - designed to discourage takeover battles. ......
Read more on The Guardian

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