But CEO doesn't rule out future merger or acquisitions
By Donald Urquhart
(SINGAPORE) A merger or acquisition could still be on the cards for Royal P&O Nedlloyd (Royal P&O) if the right opportunity presented itself, but it's not currently in talks with Neptune Orient Lines (NOL) or any other carrier on this.
'As far as I'm concerned, our immediate priority is to focus on improving our own profitability so I'm not focusing on doing deals,' said the container line's chief executive officer Philip Green in an interview with BT. He said tackling issues like yield management were a prime concern now
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