| my brother works for BAA at our local airport - Heathrow, he seems to think the quoted buy out figure , i think in region of 10 billion is a good one, BAA have been holding out for a cost of approx £10 per share, this buy out offer by the spanish airport and construction company is considered to be a fair price.....
the much needed investment should also be forthcoming if the take over contiues, with talks of expansion at the london airports in particular, but also remeber BAA also own southampton and several scottish airports too.....
i would not necessarily think this takeover is all bad.... but maybe i will be proved wrong........time will tell
__________________
just gotta keep building ! |