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On 26 June, the Ferrovial-led consortium announced that its offer for BAA had become wholly unconditional, thereby signalling the end of the prolonged battle for BAA between Ferrovial and a rival consortium led by the Goldman Sachs Infrastructure Fund. Four days later, Macquarie announced to the market that it no longer had any intention of making an offer for Associated British Ports, handing almost certain victory to the Goldman Sachs Infrastructure Fund consortium.

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