BAA rules out more takeover talks

BAA today appeared to have grounded the hopes of a financial consortium looking to land a rival bid for the airports operator.

BAA rules out more takeover talks
Thu, 08 Jun, 2006 - 09:48

BAA today appeared to have grounded the hopes of a financial consortium looking to land a rival bid for the airports operator.

The Heathrow owner, which agreed a £10.3bn (€14.9bn) takeover by Spanish infrastructure firm Ferrovial on Tuesday, said discussions with the group – led by investment bank Goldman Sachs – had ceased.

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