Macquarie eyes £1bn bid for owner of Felixstowe and Teesport ports

Aussie investment giant Macquarie is considering a £1bn bid for PD Ports, owner of Felixstowe and Teesport ports. PD Ports’ owner, private equity firm Brookfield, shut down an auction of the company last year while a legal row with the owner of land near Teesport raged on. According to The Times, should Macquarie submit a [...]