28 April 2006

Bush Approves Dubai Defense Purchase

By Caren Bohan
Reuters

Friday 28 April 2006

Washington - President George W. Bush approved Dubai's $1.24 billion takeover of Doncasters, a British engineering company with U.S. plants that supply the Pentagon, the White House said on Friday.

The decision, announced by White House spokesman Scott McClellan, followed a congressional uproar over security fears that scuttled another Dubai state-owned company's plan to acquire operations at major U.S. ports.

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