Finance News – Page 297
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NewsRok acquires S. Harrison Construction for £4.8m
Purchase of 55-year-old builder will enable Rok to expand into Yorkshire
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Six directors resign as £8bn Hanson sale is completed
Hanson ceased trading on the London stock exchange at the end of last week, as German materials firm HeidelbergCement completed its £8bn acquisition.
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Barratt tops spenders list for second quarter
Barratt’s £2.2bn takeover of Wilson Bowden took it to the top of the acquisitions league for the second quarter of 2007, in a table dominated housebuilders.
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NewsFormer Westbury staff plot rapid expansion at new firm
Lioncourt launches five-year programme to become one of UK’s largest private housebuilders
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Kingspans purchase
Kingspan has bought a Bangor solar heating manufacturer out of administration for an undisclosed sum.
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NewsHenry Boot profit jumps 62%
Increase in value of investment properties accounted for over half of the £22m interim profit
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Heywood Williams acquires Avenco group for £15.6m
Building supplies company buys out one of its main competitors, consolidating its leading position in Ireland
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Merged QS to float on AIM
Three UK quantity surveyors to form Baqus and embark on aggressive acquisition strategy
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Multiplex profit falls by 32%
Global profit at Wembley contractor Multiplex fell 32% after slowdowns in property development and UK construction.
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NewsBabcock extends offer for International Nuclear Solutions
Support services group says that it has received valid acceptances for 59% of INS shares
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NewsPersimmon increases profit despite planning issues
Pre-tax profit increases to £281m but divisions report delays in obtaining planning consent
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NewsMultiplex profits fall 32%
Legal bills and fall in UK project revenue dent Australian contractor's full year results
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NewsKeller to break up Makers division
Dismantling of concrete specialist will cost Keller up to £10m in finanical second half
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NewsHBOS backs £783m Keepmoat MBO
Backing for social housing contractor marks HBOS's latest move into the housing sector
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Hill International's profit up 75%
James R. Knowles acquisition boosts consultant's financial results
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NewsCarillion JV seals £200m Canadian hospital deal
Third hospital project in Canada sees Carillion working on acute care hospital in Ontario.
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NewsBalfour Beatty profit stung by £103m Metronet write-down
Contractor reports £56m interim loss despite strong performance across rest of business
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NewsSnook pledges to consolidate Rok’s success with acquisitions
Following record 6 month profits, CEO of ‘the nation’s local builder’ promises future growth
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News‘We will surprise the hell out of the industry’
Tony Douglas, Laing O’Rourke’s new chief operating officer, announces five-year plan to turn it into the most modern firm in British construction
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NewsWhitbybird bought by Danes
Whitbybird has merged with Danish engineering giant Ramboll to create an international consultancy with more than 6,000 staff