Kier and ISG weigh up bids for Verry

By Tom Bill and Sophie Griffiths and Tom Bill and Sophie Griffiths Tom Bill and Sophie Griffiths2009-04-28T13:42:00+01:00

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Half a dozen companies understood to be considering making an offer for 拢100m-turnover firm

Kier and ISG are understood to be among about half a dozen companies circling Verry Construction, the 拢100m-turnover contractor on the brink of administration.

好色先生TV understands both companies are weighing up whether to take on individual contracts or make a bid for the whole company.

One source familiar with the situation said: 鈥淣othing is certain yet but both of those companies are among a group looking at their options.鈥�

It is understood a sale could take place before Verry goes into administration.

Verry Construction, which is over 170 years old, is working on a series of large education contracts, including a number of college projects such as the 拢85m Westminster College scheme and the 拢64m Oaklands College in St Albans.

Nobody at Verry, Kier or ISG was immediately available for comment.

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