Summary
AIRPORTS operator BAA agreed a GBP 10 billion takeover bid yesterday from a consortium that would put Scotland's three leading airports, as well as Heathrow, Standsted and Gatwick in England, in Spanish hands.
Ferrovial of Spain is offering 950.25p per share for BAA, including a proposed final dividend of 15.25p per share.See the full content of this document
Extract
Baa Backs Gbp 10bn Spanish Predator
The would-be acquirer also snapped up a near-14 per cent stake in the target yesterday to make life more difficult...
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