and the answer to paragraph 4 above, from...

and the answer to paragraph 4 above, from BIP

http://www.brookfieldinfrastructure.com/content/transport_and_energy/european_port_operations-3325.html

no date provided, last page update 2011.

(1) Effective 60% economic interest. A share equalization adjustment process was built into the Shareholders' Agreement and is likely to result in a dilution (for no consideration) of Brookfield Infrastructure's shareholding to a minority position in the short term. The dilution is likely to be at the lower end of the possible range of 35% to 65%.

Arcus are doing a buyout of Forth Ports at the moment, which will value Forth Ports at 760m Pounds or 860m Euros.

compare that with what they are likely to end up with of Euroports for 141m Euros,

! WOW !