Free PLA Handbook
The Port of London Authority has launched a new free publication to promote the range of terminals and facilities within its jurisdiction. The full colour A4 size Port of London Handbook runs to 132 pages and will be a useful tool for people in logistics, transport, shipping, freight, import/export, and related fields.
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.
Contact Martin Garside at the PLA, Tel: +44 (0)20 7743 7915 or Email: martin. garside@pola. co. uk
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