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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (280306)3/15/2006 11:07:54 AM
From: Jim McMannis  Read Replies (1) | Respond to of 1573088
 
Full Coverage: United Arab Emirates
Enlarge Photo AFP/FileDP World Unveils Port Operation Sale Plans
AP - 20 minutes ago
WASHINGTON - A Dubai-owned company said Wednesday it plans to sell all its U.S. port operations within four to six months to an unrelated American buyer and laid out new details about how it plans to pursue the sale under pressure from Congress. DP World said that until the sale is finalized, its U.S. businesses will be operated independently. "An expedited sale process is under way and with the cooperation of the port authorities and joint venture partners, it is expected that a sale can be agreed within four to six months," the company said in a statement.