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Slightly ajar

4 September 2006

Barcap and RBS have just backed a $2.1bn hostile bid for Capio of Sweden. It isn’t the first. Ferrovial bid for BAA earlier this year. The gloves aren’t off entirely. Bankers are more willing to back unsolicited bids but only when there’s scope for an agreed outcome. Barcap and HBOS have just backed a $2.1bn hostile bid for Capio of Sweden. It isn’t the first. Ferrovial bid for BAA earlier this year.

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