Summary
TAKEOVER speculation has never been far away from TBI. The owner of Luton and Belfast International airport has been left in the corporate departure lounge a few times before but a bid for the company has never taken off. It soared to 89p before closing 93/4p higher at 853/4p after it revealed that it was yet again in preliminary talks with a possible bidder.
Turnover swelled to 20m-plus as punters climbed aboard on hopes that a cash offer in the region of 100p per share valuing the group at Pounds 558m will be agreed this time.See the full content of this document
Extract
Tbi at Full Throttle As the Airport Bid Gossip Takes Off
German construction and airport group Hochtief walked away in January after saying that it was considering an offer. It is not expected to return.
French predator Vinci bid in August 20...See the full content of this document
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