DP World Buys Back Britain-Based P&O Ferries for $421 Million

DUBAI, Feb 20 (Reuters) - DP World has bought back British ferry and shipping freight operator P&O Ferries for 322 million pounds ($421 million), more than a decade after it sold it. DP World acquired the British shipping and logistics company in 2006 but soon sold off some assets, including P&O Ferries to its major shareholder, state holding company Dubai … [Read more...]