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BAA rejects sweetened Ferrovial bid

Article Abstract:

Grupo Ferrovial S.A. of Spain increased its acquisition bid for BAA PLC of the United Kingdom to 9.73 billion Pounds ($18.09 billion) from 8.73 billion Pounds. The bid has become hostile and the Spanish operator is appealing to shareholders.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006

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BAA nears acceptance of Ferrovial's higher bid

Article Abstract:

BAA PLC of the United Kingdom is about to be acquired by Grupo Ferrovial S.A. of Spain for approximately 10 billion Pounds ($19 billion). The acquisition ends four months of hostile battle for the British airports operator.

Author: Singer, Jason
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
Construction, Engineering Services, Engineering & Architectural Svcs, HEAVY CONSTRUCTION, EX. BUILDING, GENERAL BUILDING CONTRACTORS, Construction industry

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Subjects list: United Kingdom, Mergers, acquisitions and divestments, Company acquisition/merger, Spain, BAA PLC, Fixed base operators industry, Grupo Ferrovial
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