All articles by Angela Monaghan – Page 17
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News
Morgan Sindall set to buy MJ Gleeson's civils business
Gleeson to be reduced to single housebuilding business if talks succeed over sale of £200m-turnover division
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Gleeson Building below target
Martin Smout, the chief executive of Gleeson Building, said this week that turnover would dip but predicted that the company would break even in the first year after its management buyout.
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Aukett Fitzroy Robinson to revamp Alexandra Palace
Merged quoted architect lands £100m mixed-use redevelopment of north London landmark
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George Wimpey boss set to retire as profit falls 32%
Strong performance in USA fails to mask housebuilder's weak overall results as UK profit slumps to £278m
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Features
Sir Robert McAlpine gains top spot with £300m work
Private commercial deals help contractor knock Balfour Beatty from the top of the monthly league in January
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Hanson shares soar amid takeover rumours
Shares in Hanson almost hit the £7 mark this week for the first time in a decade as the materials giant's decreasing asbestos liabilities left it wide open to a takeover approach.
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Partnerships for Schools loses two key directors
Agency in charge of Building Schools for the Future is overhauled as Blair faces critics over education proposals
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Kajima's HSE scheme falls six months behind schedule
Contractor is understood to have lost about £10m on construction of £57m headquarters in Merseyside
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Dubai's $7bn finance hub to rival Wall Street
Business Bay scheme set to take city into next stage of rapid development to compete with New York, London and Paris as a global financial centre, and attract permanent businesses and residents
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Aukett cuts staff and closes three offices
Nicholas Thompson, the chief executive of quoted architect Aukett, has started 2006 with a round of office closures and redundancies.
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PFI survey shows 96% of schemes are working well
But Treasury and Partnerships UK research also highlights lack of flexibility and some contract problems
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Features
Carillion beats Balfour Beatty in building league table
In Building's first rankings of contracts won excluding civils, Carillion beats top dog Balfour by £300m
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Kajima leaves Cambridge housing scheme
Troubles mounted for contractor Kajima this week as it emerged that it had left a PFI housing project in Cambridge after the completion of the first phase.
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MJ Gleeson faces hostile takeover bid
MJ Gleeson, the quoted engineer and housebuilder, became the likely target of a hostile bid this week after venture capitalist Castle Acquisitions said it would pursue the company despite the fact that it had rejected a £197m offer.
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Bovis Homes sees encouraging signs in market
Housebuilder sees improving consumer confidence but says 2005 results would be slightly below forecasts.
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Industry experts cautiously optimistic about 2006
After wayward predictions last year, economic consultants say growth is likely – but dependant on government
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Features
Waiting for Balfour
Ten days ago it all looked so simple: Carillion had pulled off a spectacular deal by agreeing the friendly takeover of Mowlem, its similarly sized rival. Then the UK’s biggest contractor intervened …
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News
Morrison quits schools race as AWG gears up for sale
Contractor pulls out of bidding for Belfast schools as it emerges parent company may sell the business
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John Laing latest firm to receive takeover approach
Companies thought to be interested in PFI specialist include Spanish firms Acciona and Ferrovial