Forth ports in spotlight after stake building

The owner of seven commercial UK ports attracted takeover speculation today after it was confirmed an Australian firm held 20% of the company.

Forth ports in spotlight after stake building
Mon, 14 Jan, 2008 - 08:49

The owner of seven commercial UK ports attracted takeover speculation today after it was confirmed an Australian firm held 20% of the company.

The interest in Forth Ports involves funds controlled by Sydney-based Babcock & Brown, which is already the third biggest ports operator in Europe after its £260m (€343m) acquisition of PD Ports in 2006.

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