A consortium led by US investment bank Goldman Sachs looks set to secure ownership of Associated British Ports.
The consortium which includes Singapore’s state-owned GIC Investments and Borealis Infrastructure Management won ABP’s approval for a revised offer of 910p a share, valuing ABP at £2.8bn.
References: Financial Times 24/06/06 page 17, Daily Telegraph 24/06/06 page 27, The Guardian 24/06/06 page 27, The Independent 24/06/06 page 44
