Finance News – Page 63
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Approval threshold reduced for £700m Quintain sale
Lone Star has reduced the threshold of shareholder acceptances required to complete its acquisition of Quintain
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Laing O'Rourke and Galliford Try take on Imtech staff
Contractors agree to take on 67 staff from Imtech UK’s water, waste and energy division
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Green light for Imtech Ireland division sale
Deal to refinace Imtech Suir has been approved by Ireland’s competion regulator saving over 700 jobs
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Kier profit up almost three-fold
Construction group boosted by Mouchel takeover in strong results
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Osborne chief admits looking to poach more senior teams
Osborne chief Andy Steele says he wants to follow success in luring Balfour Beatty team with further hires
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Galliford Try posts record profit
Housebuilding outstrips construction, but both divisions post increase in profit
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Balfour splashes £61.3m on cutting-edge energy firm
Balfour investment arm reaches agreement to aqcuire Alkane Energy for £61.3m
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Lakehouse buys maintenance firm for £6.5m
Lakehouse Group adds Sure, a servicing and maintenance firm, to growing portfolio
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Kuwaiti firm sells £7.4m of Costain shares
Kuwaiti firm’s representative on Costain board steps down
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Morrisions capex drops £100m as profits fall
Capex falls from £257m to £139m due to cuts in new store openings
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Next expands capex on strong results
Retailer spending extra £45m on capex compared to same period in 2014.
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Quintain £700m sale timetable extended
Lone Star has only had a 53% take-up of its £700m offer for Quintain following the first closing date for the offer
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Problem job drags Bam Nuttall to £20m loss
Civil engineer blames one “extremely challenging contract”
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Barratt profit jumps 44%
Housebuilder reports surge in pre-tax profit and revenue in full-year results
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Cala targets £1bn revenue within five years
Housebuilder posts bumper results and reveals ambitious expansion plans
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Wiltshire Council cancels Balfour Beatty contract two years early
Council comes to mutual agreement to cancel £150m highways contract two years early
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Queen’s builder owed £20m to creditors
Details revealed in Companies House records filed by Fairhurst Ward Abbotts’ administrator
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Laing O'Rourke Europe slumps to £58m pre-tax loss
Early contracts delivered through Midlands manufacturing plant hit by cost inflation and delays