July 7 - Speculation continues about the future ownership of PD Ports with reports in the financial media suggesting that Terra Firma, a leading British buyout firm, is preparing a bid for the subsidiary of Babcock & Brown Infrastructure.
According to the UK's Sunday Times newspaper, others looking at an investment in PD Ports include Carlyle, CVC Capital, HgCapital and Star Capital.
So looks like there are interest in the PD port, hopefully the bidding price are good to cut out bbi debt and give bbi sp the boost it deserves. Is there a deadline for the sale of the PD ports?
BBI Price at posting:
6.2¢ Sentiment: None Disclosure: Held