Citywatch

By Malcolm Craig 2001-10-20T00:00:00

Balfour buys buoyant KennedyBalfour Beatty, the engineering and construction group, is buying John Kennedy Holdings for £43m. Kennedy supplies maintenance and design services to utilities, employs 1,200 people and specialises in underground maintenance work for gas and water companies. Kennedy made an operating profit of £4.5m on turnover of £72.9m ...

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