DP worlds acquisition of Peninsular and Oriental Steam Navigation Company (P&O)was actually finalized long back in 2006, our bank was one of the funders for that acquisition.
Dubai Ports World eventually sold P&O's American operations to American International Group's asset management division, Global Investment Group for an undisclosed sum.

Infact i had made the study for the risk group - back then i was an analyst.

What do u understand by a reversal or a neutralizing factor,

Do u know the state of the european and the american economy,

The sub - prime has hit the market forces hard, a study suggests that the european and american banks & institutions are sitting on 2 Trillion dollars of NPA's & Bad Debts.

What i am saying is from my own personal experience. the sheer volume of acquisitions which will be seen in the coming days is astounding to say the least.