Insurer's Po Deal

Daily MailDecember 12, 2006

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Summary


US insurance giant AIG has agreed to buy PO Ports of North America from Dubai Ports World, which earlier this year acquired the British port operator for Pounds 3.3bn.

That deal sparked an outcry in the US Congress, where some members expressed concerns that an Arabowned port operator could expose the country to Middle Eastern terror groups.

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Insurer's Po Deal

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