A possible £3bn takeover?
Shares in ABP surged 3% to close at 717p, but analysts said that new tax rules for property companies in the UK and the possibility of a contested bid could push an offer price closer to 980p valuing the company at more than £3bn (US$5.3bn).
Some fear the purpose of takeover bid is to strip the UK ports of infrastructure. However, this opinion is not shared by all.
You need a free subscription to read the entire article.
Login if you have already subscribed.
Subscribe
Subscribe for FREE and gain access to all our content.
More than 5000+ articles.
Related Posts
Other News
Container Management (cm) has been published for more than 30 years serving the port, terminal, intermodal and container handling equipment industries worldwide.
