Independent journal on economy and transport policy
19:19 GMT+2
Ships - but no building
(BBC News)
October 4, 1999
Shipping giant P&O has sold building group Bovis for £285m.
It has been bought by property company Lend Lease, with whom Bovis worked on the Bluewater development, Europe's largest out-of-town shopping and leisure complex in north Kent.
P&O announced last month that it would float its construction division as a separate entity in October.
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