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In 2006, the global assets of P&O Steam Navigation company, including P&O Ports, were acquired from DP World and subsequently in early May 2007, a consortium led by Kaplan Equity Limited, a private equity fund managed by Kaplan Funds Management acquired both the automotive and general stevedoring operations and the landside logistics and marine container transport operations from DP World and launched the two businesses P&O Automotive and General Stevedoring and P&O Trans Australia (POTA) with DP World retaining a shareholding in both companies.
AU
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