Dexia Bank who provide finance for several PPP/PFI groups working in the education sector were recently approached by rival Fortis to consider a merger. Dexia’s board unanimously rejected the offer after reporting strong results. In the PPP/PFI sector Dexia reported an 18% increase in long-term commitments to €216.6b with UK, long-term commitments growing by 22% to €5.86b.

• www.dexia.com

• www.fortis.com