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You are here: Home → Archive → 2009 → July → Weekly Edition 9th of July 2009 → Buyout firm eyes PD Ports

Buyout firm eyes PD Ports

by Roger Hailey, London — last modified Jul 09, 2009 04:33 PM

REPORTS suggest 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.

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...

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