US Senate passes foreign takeover security bill
Afp, Washington
The US Senate on Friday passed a bill that would strengthen scrutiny by the government and intelligence services of foreign takeovers of US firms on national security grounds. The bill was drawn up in the wake of the furor in Congress sparked by a 6.9 billion dollar investment by Dubai's state-owned port operator DP World of six US ports formerly owned by P O Ports North American (POPNA) in 2006.
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