Ferrovial and Freshfields step ahead in BAA takeover battle
Freshfields Bruckhaus Deringer has nudged ahead of Ashurst in the battle to takeover UK airports operator BAA. Spanish construction group Ferrovial, advised by Freshfields partner Laurie McFadden, emerged as the winning bidder overnight after the BAA board recommended its 950p-a-share cash offer. The offer values BAA at £10.11bn. The Goldman Sachs-led consortium, advised by Ashurst […]