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26 July, 2006 - 06:43 By Staff Reporter

ABP shareholders vote in favour of Goldman Sachs takeoverABP shareholders vote in favour of Goldman

Associated British Ports shareholders have voted to approve a scheme to implement the recommended cash purchase of ABP by Admiral Acquisitions – an international consortium led by Goldman Sachs.Associated British Ports shareholders have voted to approve a scheme to implement the recommended cash purchase of ABP by Admiral Acquisitions – an international consortium led by Goldman Sachs.

The way is now cleared for a swift completion to the £2.8bn deal – handing Goldman Sachs consolation for missing out on BAA’s UK airports portfolio.

ABP, which owns three East Anglian ports – Ipswich, Lowestoft and King’s Lynn – will delist from London Stock Exchange’s main market by August 16 if all goes to schedule.

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