By Michael Jivkov
Those punters who had bet on a bid for P&O from Singapore's Temasek rushed to exit the UK ports group yesterday. Their retreat was prompted by news that the Singapore state investment company had bought a 20 per cent stake in Hutchison Whampoa's Hong Kong International Terminal business for $925m ('512m). Traders took this development as making a move by Temasek on P&O less likely
......
Read more on Independent