No, it isn’t that Michael Moore. Notice also the heading at the top of the page: “Business Telegraph, in association with Emirates.” Emirati corporations are popping up in the most interesting places, aren’t they? “Dubai ‘will not drop’ Â£3.9bn bid for P&O,” from the Telegraph (in association with Emirates), with thanks to Sr. Soph:
Dubai Ports World last night insisted that it would press on with its Â£3.9bn purchase of P&O despite three new court cases seeking to derail the deal following a political storm in America.
Michael Moore, DP World’s senior vice president, told the Sunday Telegraph: “We are fully committed to closing this deal. There is absolutely no thinking along any other lines. The court cases don’t throw anything into doubt.”…
DP World has sought to defuse the outcry by promising to segregate the operation of the US ports in a trust until an agreement can be reached. Last night, de Verneuil Smith said that was “an absurd concept”.