Dubai World Drops takeover for US Ports
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They have mountains of cash but no friends in high places also no use, the US ports are definately one of the jewels in crown, looks more & more like they have now overpaid for P&O
PSA could have bid once more before dropping out earlier to force another counter bid from them to really make them grossly overpay for their pride. 
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Originally posted by KumSioJui:They have mountains of cash but no friends in high places also no use, the US ports are definately one of the jewels in crown, looks more & more like they have now overpaid for P&O PSA could have bid once more before dropping out earlier to force another counter bid from them to really make them grossly overpay for their pride.
Actually PSA could have knew abt this prob -
hey I won't be surprised man
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That's why PSA didn't counter Dubai's 520 pence a share bidOriginally posted by KumSioJui:hey I won't be surprised man ... Only the greedy Dubai are just too hungry
Bled, let them bleed -
If Sg had won the bid, would it have created such a hoo ha?
Imagine the Americans and Thais all hating us at the same time over Temasek's "don't care about anything as long as we make money" shopping spree.. -
Cos both are state ownedOriginally posted by charlize:If Sg had won the bid, would it have created such a hoo ha?
Imagine the Americans and Thais all hating us at the same time over Temasek's "don't care about anything as long as we make money" shopping spree..
If they are not, it wouldn't -
actually we went thru something like this, remember ST bought into that US shipyard halter marine and they raised a ruckus abt security and whole thing had to go thru congress.
yah now is dubai's turn, let them choke
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With the lack of US ports, Dubai may lag behind AP Moller Maersk