MERSEY DOCKS IN £1BN TAKEOVER APPROACH

CVC Capital Partners, the private equity house, has made an approach to Mersey Docks and Harbour Company which could result in a £ 1billion takeover of the Liverpool-based ports group. Mersey Docks was forced by the Takeover Panel to reveal that it had received a " preliminary approach" from an unnamed private equity group " that may or may not lead to an offer for the company" .