Britain’s biggest ports and ferries group, P&O, is expected to meet potential buyers this week in an attempt to generate a bidding auction for the 168-year-old company.P&O is expected to begin formal talks soon with Dubai Ports World, the state-owned container terminals group, which last week said it was considering making an offer.But it emerged at the weekend that both Temasek, Singapore’s state holding company, and Hutchinson Port Holdings of Hong Kong have appointed investment banks to advise them on potential bids for P&O, which is valued at more than £3.3bn.

Posted: 11|7|05 at 9:04 am. Filed under: UK News.