Details of BAA bid revealed

The Spanish-led consortium hoping to land BAA today revealed it had no plans to sell off any of its target’s seven UK airports if it won control.

Details of BAA bid revealed
Fri, 07 Apr, 2006 - 15:43

The Spanish-led consortium hoping to land BAA today revealed it had no plans to sell off any of its target’s seven UK airports if it won control.

Ferrovial and its partners disclosed more details of their plans in a formal bid document, which contained the same offer price of £8.75bn (€12.5bn) that the UK company rejected three weeks’ ago.

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