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P&O


P&O, the container ports and ferries group, has accepted a £3.3bn takeover offer from DP World of Dubai.
29-Nov-2005


P&O is to sell its cold logistics business, including storage and trucking operations in the US, Argentina, Australia and New Zealand, to Versacold of Canada for £183m.
03-Nov-2005


P&O has secured conditional approval from the government to build a £1.4bn container terminal in Thurrock on the Thames Estuary by 2008, including a business park for logistics companies.
21-Jul-2005


P&O Ferries is to employ up to 200 Portuguese workers for seasonal jobs on its Portsmouth-based ferries this year.
07-Jan-2004


P&O is to invest £800m expanding the port of Qingdao in China over the next six years, in partnership with Maersk and a number of local companies.
22-Jul-2003


P&O is to sell its routes and vessels at the ports of Liverpool, Fleetwood and Dublin to Stena Line, and its recently-opened terminal at the port of Mostyn will close with the loss of 26 jobs.
28-May-2003


P&O is forming a joint venture with CMA-CGM to acquire an 80% stake in Egis Ports, the French container terminal operator, for about £35m.
18-Nov-2002


P&O Nedlloyd has acquired a majority stake in Gilbert Companies, the US logistics company, for undisclosed terms.
11-Jul-2002


P&O Cruises has confirmed plans to leave its London base and concentrate all operations in Southampton, which will involve the expansion of the Richmond House and Dukes Keep premises in Southampton.
05-Jul-2001


P&O is planning to invest £1bn in its container ports business over the next five years, including projects in Europe, Asia and the US.
26-Apr-2001


P&O Cruises is to create a further 150 jobs at its call centre and customer service operation in Southampton.
05-Apr-2001


P&O has sold a 50% stake in Associated Bulk Carriers, which includes a fleet of 22 dry cargo vessels, to Eurotower Holdings for £68m in cash.
02-Jan-2001


P&O has won planning permission to set up a new ferry terminal at Liverpool docks.
24-Nov-2000


P&O Cruises is to set up a call centre in Southampton in December with the creation of up to 100 jobs, and further departments will be moved from London next year.
13-Oct-2000


P&O is to acquire the refrigerated logistics business of Swift Armour in Argentina for £14m.
11-Oct-2000


P&O is set to create 100 jobs at Doncaster Railport by opening a new warehouse and office building next summer, in order to offer storage, packaging and distribution services from the site.
22-Sep-2000


P&O has announced plans for the development of a £100m container port at a former Shell refinery in Thurrock, Essex, which will create up to 10,000 jobs.
05-Sep-2000


P&O has sold Quantum Publishing to a management buy-out for £20m, and the business will be renamed Quantum Business Group.
11-Jul-2000


P&O is acquiring Festival Cruises, the operator of four cruise ships with a Europe-wide sales network, for £260m.
12-May-2000


P&O has ordered two new cruise ships from Mitsubishi Heavy Industries for a total £560m, as part of a strategy to double the capacity of its fleet and expand its US-based Princess brand into the Caribbean.
28-Feb-2000


P&O is planning to develop a new terminal and logistics centre at Duisburg in Germany, and has also announced the acquisition of the Seaport Terminal container and general cargo business in Antwerp, Belgium.
04-Feb-2000


P&O is planning to redevelop the Shell Haven refinery in Essex as one of the country's largest container terminals, with the creation of an unspecified number of jobs.
28-Jan-2000


P&O is planning to invest £2.8bn to double its cruise capacity by 2004.
13-Jan-2000


P&O is selling its Bovis construction business to Lend Lease of Australia for £285m, having decided not to proceed with plans for a flotation.
05-Oct-1999


P&O has sold the Earl's Court and Olympia exhibition halls in London to the owners of the Business Design Centre and the Candover buy-out fund for £183m.
02-Oct-1999


P&O has sold its Australian services businesses to Eurest and Spotless Services for a total £120m, in order to focus on ports and ferries.
01-Oct-1999


P&O is selling Laing Property of Canada to Cambridge Shopping Centres for £206m, and is now looking to float its Bovis construction business and sell its Earl's Court Olympia exhibitions business.
20-Aug-1999


P&O is acquiring International Terminal Operating, the US port services and stevedores business, for £50m, and will use it as a platform for further expansion in North America.
01-Jul-1999


P&O Nedlloyd has bought the Blue Star Line container shipping company from the Vestey Group for £60m.
10-Feb-1998


P&O of the UK and Royal Nedlloyd of the Netherlands are to merge their container activities to create a new company with 8,000 staff and 112 container ships.
10-Sep-1996