Ferrovial Group moved closer to completing its takeover of BAA yesterday as rival Goldman Sachs pulled out after the Spanish firm purchased an additional 12.9% of the UK airports operator's shares. Goldman had been considering increasing its rival bid for BAA but announced yesterday that it no longer was interested after Ferrovial upped its stake to 28.7%. BAA's board endorsed Ferrovial's final bid of £10.1 billion ($19 billion) Tuesday (ATWOnline, June 7), but Goldman had until June 16 ...

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