Bush expected to approve Dubai acquisition
WASHINGTON, Apr 28 (Reuters) President George W Bush was expected today to approve Dubai's 1.24 billion dollars acquisition of Doncasters, a British engineering company with US plants that supply the Pentagon, an administration official said.
''It's in the pipeline to be approved,'' said the official, who spoke on condition of anonymity.
Bush was expected to attach conditions to the deal to keep military technology in the United States, the official said.
Bush's expected decision followed a congressional uproar over security fears that scuttled another Dubai state-owned company's plan to acquire operations at major US ports.
Among Doncasters' units is a plant in Georgia that is the sole supplier of turbine fan parts for US Abrams battle tanks. The inter-agency Committee on Foreign Investments in the United States sent its confidential recommendation on the Dubai takeover of Doncasters to Bush on April 13.
Reuters CH GC1858


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