Interesting
Ferrovial has offered 950p despite there being an MMC investigation. They may well be considering a break-up to extract value. The obvious break-out is Gatwick, which faces least capital investment but would realise £2.5bn according to press reports.
They could also break out retail, car parking, property development, etc.
This is likely to be accepted in the City (by institutional shareholders) because it's recommended, and represents a good premium. Goldman Sachs have ruled out going hostile, so are unlikely to come back with a higher offer.
The story won't be over until MMC reports, but this chapter's finished.