Financial News

(8-Jun-2006) BAA has ended its talks with the Goldman Sachs-led consortium

(7-Jun-2006) As Ferrovial's takeover of BAA begins, its chairman moves to dispel rumours of senior management changes, according to UK press reports

(6-Jun-2006) Airports Development and Investment, the Spanish consortium led by Ferrovial, has bought 13% of BAA

(6-Jun-2006) The UK airport group is to recommend the Spanish bid to shareholders while leaving the Goldman Sachs consortium the opportunity to place an improved bid by June 16

(5-Jun-2006) As the Spanish firm decides whether to make a higher bid for BAA, the Commonwealth Bank of Australia has joined the Goldman Sachs-led consortium bidding to buy the UK airports group

(2-Jun-2006) The UK government body that oversees takeovers has given BAA suitor Goldman Sachs one week to make a firm bid

(2-Jun-2006) The Greek retailer unveiled new ambitions at its annual general meeting on May 31, its first since jeweller Folli Follie doubled its stake in the company

(2-Jun-2006) The partial privatisation of Aéroports de Paris has begun as the French government launches a share offer

(30-May-2006) The Airport Development and Investment Ltd consortium increased its bid for BAA to 900 pence per share, but the airport group's board is unimpressed

(26-May-2006) As Grupo Ferrovial continues its bid to purchase the UK airports group, BAA is hoping a 40% increase in dividend per share in 2006/7 will encourage its shareholders not to sell