Shares in AB Ports surge on bid speculation

Shares in the UK’s biggest ports operator surged ahead today amid speculation that it could be about to receive a £2.3bn (€3.3bn) takeover offer.

Shares in AB Ports surge on bid speculation
Mon, 27 Mar, 2006 - 09:39

Shares in the UK’s biggest ports operator surged ahead today amid speculation that it could be about to receive a £2.3bn (€3.3bn) takeover offer.

Investors jumped aboard Associated British Ports after financial newspaper City AM said a consortium backed by Goldman Sachs and Canadian investment house Borealis Infrastructure planned an approach early next month.

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