October 28 - GS Infrastructure Partners and Infracapital Partners have commenced a process that could lead to the sale of their 33.3 percent stake in the UK's largest port operator - Associated British Ports (ABP).

ABP was quick to say that the proceedings will not affect any of its 21 UK gateways at an operational level.

According to a report in the Wall Street Journal, Malaysia's biggest state-run pension fund, Employees Provident Fund, is preparing a USD2 billion bid for the shares. Reports suggest the proposal could be tabled in early November