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Balfour Beatty has won a seven-year £200m contract to install rail systems in the 57km Gotthard tunnel in Switzerland.
Work on the tunnel starts in 2009 and when completed in 2016 it will be the longest in the world.
Share placement will raise cash as contractor says 2008 results will be at top end of expectations
Prime Minister reiterates her ambition to close off flow of workers from the EU
Acquisition being part-funded by share placing
City points to Brexit uncertainty and residential market slowdown among other factors
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