Independent journal on economy and transport policy
01:37 GMT+2
P&O bid prompts takeover review
(The Guardian)
March 12, 2002
Simon Bowers
The proposed merger between P&O Princess and US rival Royal Caribbean has prompted Britain's takeover regulator to announce plans to close a loophole in its rules.
The change would be seen as a victory for a band of institutional shareholders that has lobbied hard against US-style "poison pill" clauses - designed to discourage takeover battles. ...... Read more on The Guardian
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