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[sharechat] Ukairport operator soars after takeover bid


From: "malcolm coleman" <malcolmcoleman@hotmail.com>
Date: Tue, 14 Aug 2001 10:17:10 +0000


TBI PLC shares  (UK code TBI) soared nearly 50 pct in morning trading after 
French group Vinci SA announced it has purchased a 14.9 pct stake in the UK 
airport operator at 90 pence a share and is considering making a cash offer 
at the same price.

Daresay Infratil will be warmed by this news.

Disc  - held IFT until recently.


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