Finance ɫTV – Page 302
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Metronet starts process to recover £1bn
Metronet has asked the PPP arbiter to conduct an Extraordinary Review into its £1.2bn overspend on Tube renewals
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Galliford Try JV lands £50m waterworks contract
Galliford Try JV is named preferred bidder on scheme to design and build Northants water treatment works for Anglian Water
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Keller secures £55m of contracts in Middle East
Keller says half-year results are ahead of expectations as it wins more piling and ground improvement works
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Laing seals £361m Stoke hospitals deal
John Laing/Sodexho consortium will build two hospitals during 37-year contract
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Foster profit soars 136% with ‘further rises to come’
Architect pays himself £2.9m and buys the practice’s aircraft after making £5.9m profit
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Speedy Hire buys Hewden Tools for £115m
Hire company will have 540 depots across the UK once Hewden is incorporated into business
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Jarvis blames construction pull-out for £22m loss
Downturn in rail contract awards and exit from construction activities blamed for turnover drop
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Brookfield makes £3.1bn approach for Multiplex
Contractor and developers set to recommend all-cash offer from Canadian asset managers
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Latchways reports 26% increase in profits
Fall arrest systems manufacturer sees turnover rise to £31.9m
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Hyder Consulting profit soars 60%
Consultant in talks over a number of potential acquisitions as turnover tops £200m
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REID Architecture and 3D Architects announce merger
3DReid will boast 320 employees and a £20m turnover making it one of the top ten practices in the UK
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Gensler enters property consultancy
International architect Gensler is expanding into property consultancy in the UK after poaching two senior managers from consultant Donaldsons.
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Cyril Sweett plans acquisitions after AIM listing
Dean Webster, Cyril Sweett’s chief executive, said this week that the company’s proposed flotation on the alternative investment market (AIM) would put it on a “level playing field” with larger consultants in the fight for acquisitions.
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Anglo-American tightlipped on Tarmac sale
Materials company Anglo-American says it is reviewing its options over its Tarmac subsidiary, amid rumours of a £3bn auction .
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Norcros to list
Products maker and distributor Norcros Group, which operates in the UK and South Africa, intends to list on the London stock exchange.
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Ferrovial prepares to sell off BAA’s property arm
Spanish builder Ferrovial is preparing to sell off the property arm of British airport operator BAA.
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Mears buys Britannia Care for £1.1m
Following its purchase of Careforce for £22m in March, Mears acquires its second care services provider of the year
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Profit up 36% at rental firm VP
VP is underpinned by solid construction-related growth and buoyant oil, gas and water markets
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Amec sells Canadian pipelines business for £11m
Panama-based Willbros Group buys Midwest Pipelines as Amec continues to sell non-core businesses