FKI Terminates Takeover Talks

British airport handling systems producer ended buyout talks with unnamed suitor.

LONDON (AP) - FKI PLC, a British maker of airport handling systems, said Wednesday that discussions about a possible offer for the company at 130 pence (US$2.63; euro1.91) a share have been terminated.

FKI did not name the possible suitor. Its shares dropped 4.2 percent to 102.25 pence (US$2.07; euro1.50) on the London Stock Exchange.

''The board of FKI remains focused on maximizing value for shareholders through implementing the conclusions of the strategic review announced at the time of the full-year results,'' the company said in a statement.

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