EXECUTIVES at Forth Ports, which is subject to a recommended takeover deal, shared more than £880,000 in bonuses last year after seeing their basic salaries frozen for the past two years.
THE boss of Forth Ports today insisted that a takeover would not affect its development or its plans for a controversial biomass plant in the Capital.
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FORTH Ports today announced it had agreed to a £760 million takeover offer by its largest shareholder, Arcus European Infrastructure Fund, after a 10 per cent rise in profits.
Forth Ports has been the subject of frequent takeover speculation over the past decade as the value of its ports and property empire rose.
FORTH Ports, the Scottish ports and property business, yesterday moved closer to losing its independence after revealing a £745 million takeover approach from its largest shareholder.
A REVIEW of the price of land at Leith Docks is under way, after owner Forth Ports secured planning consent for the first stage of its regeneration.
A SERIES of deals is set to bring Ocean Terminal shopping centre closer to capacity.
THE £700 million regeneration of Leith Docks would be at risk unless the tram is taken to Newhaven, it was warned today.
PORTS and property group Forth Ports has appointed a new finance chief.
THE company behind plans to regenerate Leith Docks has seen profits surge by almost a third so far this year.
SCOTTISH Water and Forth Ports have launched a £2 million initiative to supply drinking water to new residential areas being built on the city's former docklands.
THE Queen Victoria cruise liner will sail along the Firth of Forth today as it continues on its historic tour of Great Britain.
THE developer behind plans for the biggest expansion of Edinburgh in hundreds of years has backtracked on plans to provide an up-front payment of £29 million towards the tram project.
SHARES in Forth Ports plummeted by 13 per cent after Peel Group consortium and its partners abandoned its £640 million proposed takeover bid.
PEEL Group and its consortium partners last night abandoned a £640 million proposed offer for rival Forth Ports, ending a three-month takeover bid.
FORTH Ports shares are set to come under pressure today after the consortium stalking the group last night walked away from making a final bid.
THE RSPB is running a series of wildlife cruises on the Firth of Forth again this year.
COUNCIL bosses are set to mount a £1 million legal action against developer Forth Ports after it failed to pay for works on a busy city street.
"This is a business well-positioned for recovery (with] good levels of gearing"
FORTH Ports' management is this morning expected to expand on its reasons for rejecting three takeover approaches after the stock market regulator yesterday issued its suitor with a "put up or shut up" notice.