Around half of all new legislation that impacts on business derives from rules agreed by governments at the EU level. |
Certain port operations in certain locations recognized the potential years ago, and embarked on acquisitions. |
It's an all-or-nothing business. You have to go after it in a big way or not at all. |
It's not a particularly profitable business. There are a hundred other things (where) American investors can put their money to better use and more profitable use. |
It's not about planting flags in as many places as you can. It's about owning successful terminals in as many places as you can. |
One transaction will catapult Dubai into the heavyweight league of port operators. There will never be an opportunity like this. |
P&O had an obligation to their shareholders. An offer came in which was too attractive to turn down. |
P&O is significant for both Singapore and Dubai. Its acquisition will increase their business activity in large amounts in one go. |
P&O will allow PSA to spread its business across a large number of ports and countries. |
Ports are simply good business. |
The logic of PSA bidding is sensible. PSA is still very dependent on Singapore and P&O at a stroke radically changes that. |
The logic of PSA bidding is sensible. PSA is still very dependent on Singapore, and P&O at a stroke radically changes that. |