Spanish look set to win BAA takeover battle

A Spanish company tonight looked to have won a dramatic £10bn (€14.5bn) takeover battle for control of the UK’s biggest airports.

Spanish look set to win BAA takeover battle
Tue, 06 Jun, 2006 - 19:48

A Spanish company tonight looked to have won a dramatic £10bn (€14.5bn) takeover battle for control of the UK’s biggest airports.

Infrastructure firm Ferrovial and its backers secured the support of the board of BAA, despite a higher offer fronted by US investment house Goldman Sachs.

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CourtsBusinessHeathrowPlace: UKPlace: HeathrowPlace: GatwickPlace: GlasgowPlace: Bristol airportPlace: Belfast City AirportPlace: Sydney AirportPlace: BristolPlace: SydneyOrganisation: BAAOrganisation: FerrovialOrganisation: Goldman SachsOrganisation: AmeyOrganisation: MacquarieOrganisation: Airport Development and InvestmentOrganisation: ADIOrganisation: Singapore government
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