Independent journal on economy and transport policy
01:27 GMT+2
P&O plans US listing in the new year
(Financial Times)
December 13, 1999
(posted Nov. 11)
Peninsular & Oriental Steam Navigation, the cruise line and shipping group, is planning a US stock market listing next year.
JP Morgan has been appointed adviser for the listing, expected next summer or early autumn. The group said the move was primarily to take advantage of growing US investor interest.
The listing might be used to raise funds, up to ...... Read more on Financial Times
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