Spanish firm cleared to bid for BAA

The European Union’s competition watchdog today approved a takeover bid for airports owner BAA by a consortium led by Spanish construction group Ferrovial.

Spanish firm cleared to bid for BAA
Tue, 23 May, 2006 - 19:10

The European Union’s competition watchdog today approved a takeover bid for airports owner BAA by a consortium led by Spanish construction group Ferrovial.

The permission allows Ferrovial to go ahead with the unsolicited £8.75bn (€13bn) bid.

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CourtsBusinessHeathrowPlace: European Economic AreaPlace: USPlace: HeathrowPlace: GatwickPlace: StanstedPlace: SouthamptonPlace: AberdeenPlace: GlasgowPlace: EdinburghPlace: United StatesPlace: AustraliaPlace: ItalyPlace: HungaryPlace: UKPlace: south east EnglandOrganisation: BAAOrganisation: European UnionOrganisation: FerrovialOrganisation: European CommissionOrganisation: Goldman SachsOrganisation: Singapore government
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