Subscribe to RSS feedBuyers emerge for UK's PD Ports
A media report has suggested that Terra Firma, the buyout firm controlled by Guy Hands, is set to bid for the UK’s PD Ports, currently owned by Australia's Babcock & Brown Infrastructure.
Top asset: Teesport terminal
Mr Hands, Terra Firma’s chairman, chief investment officer and founder, has been linked with port business takeovers in the past.
He headed the team at Japanese securities house Nomura, which was linked to an aborted £1bn (US$1.6bn) takeover approach for Associated...
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