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PSA withdraws bid, gives way for DP World to buy P&O
Singapore's PSA International Pte said it won't raise its offer for Peninsular & Orient Steam Navigation Co., giving up a takeover bid that might have added 29 ports to the company and helped it surpass Hutchison Whampoa Ltd.
Read Full Article: http://www.ajot.com/news/psa-withdraws-bid-gives-way-for-dp-world-to-buy-po
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