It’s possible that I shall make an ass of myself. But in that case one can always get out of it with a little dialectic. I have, of course, so worded my proposition as to be right either way (K.Marx, Letter to F.Engels on the Indian Mutiny)
Saturday, November 25, 2006
At Least It's Not Dubai Ports
Ontario Pension Plan to Buy NY Ports Waiting to hear Lou Dobbs start screaming over this one. Will he or won't he? Place your wagers. After all a bunch of Ontario Teachers are far less a threat then Muslims. Unless they are Muslim teachers.
BUSY YEAR FOR PORT DEALS:FEBRUARY United Arab Emirates-based Dubai Ports World bought Peninsular & Oriental Steam Navigation Co. for US$6.8-billion. It was forced to sell its six major U.S. ports.JULYGoldman Sachs bought Associated British Ports Holdings PLC, the U.K.'s largest port operator, for (ps)2.8-billion.SEPTEMBER A Macquarie Bank fund said it would buy a 40% stake in Hanjin Shipping's six overseas terminals whose assets are estimated to be worth US$870-million.OCTOBER Macquarie Infrastructure Partners announced plans to buy Canada's Halterm Income Fund for about $173-million. Halterm's main asset is a container terminal and cargo handling facility in the port of Halifax.