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BAA acquisition is only the first hurdle for FerrovialBAA acquisition is only the first hurdle for Ferrovial
Gavin Lipsith
15-Jun-2006
Following the recent takeover bid by Grupo Ferrovial, BAA executives have been assured that the Spanish company has no plans to disrupt senior management. But what are its plans for the UK airports group's retail operations? DFNI examines its options
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Grupo Ferrovial's acquisition of UK airports group BAA finally looks set to go ahead after a long and turbulent chase (see Retail News). As DFNI went to press the Spanish
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(23-Mar-2006) - Spanish suitor must play its hand within the next month or walk away
(8-Jun-2006) - BAA has ended its talks with the Goldman Sachs-led consortium
(25-Apr-2006) - BAA has rejected the latest takeover bid from Grupo Ferrovial, but the Spanish consortium may be heading into talks with the UK's Civil Aviation Authority regarding BAA's debt burden
(8-Feb-2006) - Construction company Grupo Ferrovial has said it is considering an £8bn bid for the UK airports group
(4-Dec-2007) - The company has finally verified that BAA owner Grupo Ferrovial has put it on the market following a strategic review of its non-core assets