Coast Map News Online

The UK Government agency CEFAS (Centre for Environment, Fisheries and Aquaculture Science), wishing to reach more people and increase the level of dialogue on coastal mapping issues, has relaunched its newsletter, Coast Map, as a monthly in an electronic rather than paper format. Containing news and articles about marine and costal data and information, it aims for a quick turnaround of submissions, a wider set of contributors and a wider audience.

The UK’s largest ports group has been stalked by Goldman Sachs since a non-binding offer was first received in March. The ABP Board accepted a bid valuing the Group at 810p per share in June, prompting a consortium led by the Macquarie Bank of Australia to make ‘a pre-conditioned proposal’ involving a cash price of at least 840p per share. Goldman Sachs gazumped this offer with a new ‘knockout bid’ valuing ABP at 910p per share in cash. The Macquarie consortium then agreed it could not justify a higher offer and withdrew from the bidding. One of the richest men in Asia, Li Ka-shing, is rumoured to be interested in ABP as an investment vehicle for his Cheung Kong Infrastructure but had not bid at the time of writing.

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