The 3i-Macquarie consortium, which is considering a £2.5bn bid for Associated British Ports, has begun due diligence of the takeover target’s assets and records.
The consortium is expected to decide next week whether to trump the Admiral Group’s 840p cash offer for the UK’s biggest ports owner.
References: The Times Business 17/06/06 page 44, The Guardian 17/06/06 page 21
