Forth Ports

Forth Ports

Big bonuses at Forth Ports

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.

Takeover deal won't halt biomass plant plans says Forth Ports chief

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 agrees to takeover bid of £760m

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.

From public authority to major property developer behind Ocean terminal

Forth Ports has been the subject of frequent takeover speculation over the past decade as the value of its ports and property empire rose.

New offer puts £745m value on Forth Ports

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.

Forth Ports launches land price review

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.

Ocean Terminal secures new deals

A SERIES of deals is set to bring Ocean Terminal shopping centre closer to capacity.

Docks revamp 'at risk' if tram line incomplete

THE £700 million regeneration of Leith Docks would be at risk unless the tram is taken to Newhaven, it was warned today.

Forth Ports recruits new finance boss

PORTS and property group Forth Ports has appointed a new finance chief.

Forth Ports profits surge by a third in first half of year

THE company behind plans to regenerate Leith Docks has seen profits surge by almost a third so far this year.

Water works for docklands

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.

Queen Victoria liner promises to be majestic sight in the Forth

THE Queen Victoria cruise liner will sail along the Firth of Forth today as it continues on its historic tour of Great Britain.

Forth Ports refuses to make £29m donation to trams project

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 sinking for Forth Ports

SHARES in Forth Ports plummeted by 13 per cent after Peel Group consortium and its partners abandoned its £640 million proposed takeover bid.

Takeover bid for Forth Ports is abandoned

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 facing pressure after consortium walks away

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.

Go Forth to snap wildlife from cruises

THE RSPB is running a series of wildlife cruises on the Firth of Forth again this year.

Forth Ports faces court over £1 million street works bill

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.

Forth Ports upbeat over rejection of takeover bids as it plans to grow value

"This is a business well-positioned for recovery (with] good levels of gearing"

Forth Ports' suitors must 'put up or shut up'

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.

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