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Deal - UK - Goldman-led consortium to buy AB Ports
Valued at $4.6 billion; talk of rival bid surfaces
LONDON, UK -MarketWatch, by Simon Kennedy -Jun 14, 2006: -- A Goldman Sachs-led investor group has agreed to buy Associated British Ports for 2.5 billion pounds ($4.6 billion), continuing a string of takeovers in the transport arena, though speculation circulated about the odds for a counterbid as the port operator's shares held above the offer price... GS along with Borealis Infrastructure Management, GIC Special Investments and Infracapital Partners, will offer 810 pence a share in cash for AB Ports, with shareholders relinquishing the right to any future dividends...
posted by Unknown @ 1:42 PM
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