Ferrovial Must Top Pounds 10bn Goldman Bid Today If It Is to Land Baa
Linked as:
Summary
Investment bank Goldman Sachs is understood to have offered more than pounds 10bn for BAA as the battle for the airports operator enters its final stage. The US group is leading a consortium reported to have approached BAA's board with an offer of around 950p a share which values the group at pounds 10.2bn, according to reports.
The bid is above the 900p a share offer currently on the table from Spanish firm Ferrovial, and crucially it is higher than the 940p a share BAA's board has valued the company at.See the full content of this document
Extract
Ferrovial Must Top Pounds 10bn Goldman Bid Today If It Is to Land Baa
But other weekend press reports claimed Goldman Sachs had yet to table an offer, and was continuing to m...
See the full content of this document
Sponsored links
