ITOs in sight

摘要

There has been considerable M&A activity in the container terminal operating sector in the past few years. John Fossey reports on the leading players that are growing their share of global container traffic volumes. Headline news on February 13, 2006, was that DP World, the fast-growing UAE-based international terminal operating company, had succeeded in its plan to buy the larger traditional shipping/ports group, the UK-headquartered P&O. Purchase price was announced as USD6.8 billion.