Carillion has held a number of meetings this week with Balfour Beatty’s major shareholders outlining the benefits of its merger bid, which includes a one-off dividend of £59 million for Balfour’s shareholders.
Bristol Water has said it remains confident that its AMP6 Business Plan has the support of customers, following water industry regulator Ofwat’s identification of what it described as a £203m “gap” in the Plan.
Pennon Group, owner of South West Water, said the water company is continuing its strong financial performance with the publication this morning of its Interim Management Statement.
Balfour Beatty’s half year 2014 results announcement confirms that “ongoing issues” in UK construction have led to a disappointing performance - underlying pre-tax profits fell by £25m during the period.
Balfour Beatty has rejected a revised merger proposal put forward by Carillion after Balfour announced on 31st July that discussions had been terminated – with ongoing disagreement around the sale of Parsons Brinckerhoff a key reason for the breakdown in negotiations.
Nippon Koei Uk Topco Ltd, a subsidiary of leading Japanese engineering consultancy firm Nippon Koei, has outbid Arcadis Consulting’s offer of £256.2m for Hyder Consulting in a deal worth £268.1m.
Access Hire Nationwide Limited and Welfare Hire Nationwide Limited have been acquired in a venture capital backed management buyout by Elysian Capital I LP.
NG Bailey, the UK’s largest independent engineering, IT and facilities services provider, has announced its financial results for the year to 28 February 2014, posting an underlying operating profit of £2.1m.
South Staffordshire is once again the top-performing company in the customer service league table published by Ofwat today, achieving the highest SIM score of 89 out of 100, with Thames Water once again scoring the lowest score of 71.
Interserve, the international support services and construction group, has reported that its future workload is up to £7.5 billion (FY 2013: £6.4 billion) with the publication of its half-year results for the six months ended 30 June 2014.
Enpure Ltd and Clean TeQ Water Ltd have announced a collaboration agreement to bring Clean TeQ Water's Moving Bed Ion Exchange-based nutrient removal technologies to water utilities across the UK.
Near-real-time microbial monitoring of wastewater discharge and bathing waters is now possible thanks to the BactoSense ID solution created by Swiss-based bNovate Technologies.
ABB has launched AquaMaster+™, a digital platform for smart water network management, designed to help water utilities monitor, analyze and manage their water networks, preventing pipeline water losses and optimizing operations.
Craig Nienaber, Business Development Manager for Safe Access Solutions (SAS) at HUBER Technology, explores why the company is seeing a growing level of interest in its safe access solutions for critical infrastructure providers, including their application in wastewater treatment assets.