Pounds 780m Takeoverapproach Fordocks Company

Summary


The UK's second-biggest ports firm has received a takeover approach from the owner of the Manchester Ship Canal and Liverpool John Lennon Airport, it was confirmed yesterday.

Mersey Docks and Harbour Company said the advance by Peel Ports could lead to an offer valuing it at around pounds 780m - higher than a previous approach by a private equity company.

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Extract


Pounds 780m Takeoverapproach Fordocks Company

The battle for the group, wh...

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