US giant joins battle to buy BAA

US giant General Electric has emerged as a surprise participant in the battle to buy British airports operator BAA, it was reported today.

US giant joins battle to buy BAA
Mon, 17 Apr, 2006 - 12:49

US giant General Electric has emerged as a surprise participant in the battle to buy British airports operator BAA, it was reported today.

GE’s name was raised after BAA revealed yesterday it has spurned a £9.4bn (€13.6bn) approach from a consortium led by the US investment bank Goldman Sachs.

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