Dubai Ports, P
Washington, Mar 4: The United States (US) Treasury Department said it received an application from an Arab-based port operator needed to start a second Government review of the company's plans to take over management of six US ports, a deal that triggered a firestorm of controversy in Congress.
The agency said in a statement it would soon make a determination of when to begin a 45-day review, which was prompted by lawmakers' concerns about homeland security and the rigor of the Bush administration's initial review of Dubai Ports World's planned purchase of Britain's P&O for .85 billion.
REUTERS
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Story first published: Wednesday, March 22, 2006, 14:43 [IST]