Summary
Airports operator BAA yesterday said Ferrovial's pounds 8.75 billion takeover bid would need to be a lot higher before it agreed to open its books.
In a statement, the Spanish firm repeated comments from its March 17 approach to BAA - that it could add "a small increase" to its bid if BAA allowed it to do due diligence and recommended the offer.See the full content of this document
Extract
Baa: We Will Not Sell On the Cheap
But BAA, which owns the world's busiest international airport Heathrow, reiterated that shar...
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