Goldman Sachs Moves To Finalize GBP2.5 Billion ABP Buyout

Goldman Sachs is making strides in its GBP2.5 billion bid for Associated British Ports. ABP has said Goldman Sachs offered revised proposal after its 730 pence per share effort was rejected in May. Reports indicate Goldman Sachs has upped its

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Goldman Sachs is making strides in its GBP2.5 billion bid for Associated British Ports.

ABP has said Goldman Sachs offered revised proposal after its 730 pence per share effort was rejected in May.

Reports indicate Goldman Sachs has upped its offer to 810 pence per share.

The move marks the recent increase in port business among large investors worldwide as global trade – and the possibility of lucrative port profits – also continues to rise.

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