Bun Fight For British Ports.?

dom
16th June 2006, 09:20
tHE MACQUARIE CONSORTIUM IS READY TO GATECRASH a bid by the admiral aquisitions group led by u.s. investment bank goldman sachs, which had been agreed to by a.b. ports.
the admiral consortium is not likely to walk away from the scrap as it has already invested 30million pounds in getting it's bid up.
macquarie is keen to add a.b.ports to its portfolio
in sept.2005 a macquarie led consortium aquired a 90% intrest in a greenfield container terminal in gadansk poland.
it also owns the isle of man steam packet group.
another u.k.ports business, forth ports which is based in edinburgh and oversees six ports,saw its shares surge as aalysts speculated that it would become the next target for whoever loses the fight for a.b.ports