Bid battle

UK: Henderson Infrastructure has put in a revised takeover offer for John Laing, out-bidding German insurer Allianz, which topped Henderson’s original bid in late October. Henderson is now offering UK£ 4.05 (US$ 7.94) per share, valuing Laing at UK£ 1.00 billion (US$ 1.96 billion). Laing is an investment company focused…