Press release: “Homeland Security and Governmental Affairs Committee Chairman Susan Collins has introduced a resolution disapproving of the deal that would enable Dubai Ports World (DPW) to purchase Peninsular & Oriental (P & O) without an additional national security review and Congressional consultation. The Senator’s resolution directs the Committee on Foreign Investment in the United States (CFIUS) to conduct a 45-day investigation to ensure that the sale will not have an adverse effect on national security and to brief Members of Congress on the findings of the investigation before the transaction is allowed to proceed.” Senator Collins’ floor statement on her resolution is included in this release.
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