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baa rejected takeover offer led by ferrovial

  1. 1,269 Posts.
    MAP's sudden post close rise on Friday…?

    Fri Mar 17, 9:14 AM ET
    LONDON (Reuters) - British airports operator BAA Plc (BAA.L) said on Friday it had rejected an 8.8 billion pound ($15.5 billion) takeover offer led by Spain's Grupo Ferrovial (FER.MC), which said it was willing to raise the offer if BAA opened its books...

    Australia's Macquarie Bank (MBL.AX) is also considering an offer for BAA and is in talks with U.S. private equity group Blackstone and Canada's Ontario Teachers' Pension Plan about a potential bid, sources familiar with the situation have told Reuters...
 
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