Finance News – Page 310
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Profit slip at Taylor Woodrow
Housebuilder and contractor will focus on improving UK housing business after operating profit in UK falls 5%
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Enterprise in takeover talks with 3i
3i investments has offered £486m for the defence maintenance specialist
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NewsAgency reveals winners on £500m water framework
Contractors winning a place on the Environment Agency's framework deal include Morrison, Interserve, Birse Civils and Jackson Civil Engineering
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NewsAmec sells off SPIE stake
French infrastructure company Colas buys AMEC's 50% interest in SPIE Raily Systems for an undisclosed sum
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NewsGladedale to adopt single brand as profit rockets 50%
Housebuilder sets sights on place in top 10 and predicts that turnover will hit £680m
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NewsSMC regroups after profit warning and share plunge
Stewart McColl reassures investors by bringing in a City figure as executive chairman
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NewsGalliford buys Linden – at last
Galliford Try initially pulled out of the race to buy Linden Homes last year because it thought it was up against too much competition.
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Bullock turnover increases 31% during first year
Bullock Construction, the company formed from a management buyout of Montpellier’s social housing arm, has reported its first full-year results.
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Saint-Gobain’s shopping spree
French building materials group Saint-Gobain has bolstered its distribution arm with a series of acquisitions.
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British Land declares mixed results after becoming REIT
British Land has reported its first set of results since becoming a real estate investment trust (REIT) on 1 January.
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Architects’ fees set to rise 24%
Architects’ fees grew 9% to £4.2bn in 2006 and are set for a 24% increase over the next five years, according to research published by Market & Business Development.
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Michelmersh considers stake in Baggeridge Brick
UK Brickmaker Michelmersh is aiming to take a 10% share in Baggeridge Brick, Britain’s fourth largest brickmaker.
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NewsStrong growth in UK for Skanska
Skanska UK turnover increased 14% but profit at group was hampered by poor performance in Denmark
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HBG boss appointed chief executive of Nuttall
Parent Royal Bam reshuffle pack as Peter Brooks joins group's board and is replaced by Martin Rogers as Nuttall chief executive
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NewsMouchel Parkman integrates £50m buys
Support services firm Mouchel Parkman says it was on track to report good interim results
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NewsCinven has 'no plans' to buy Wolseley
Speculation continues over Wolseley after latest reports suggest that Cinven is not interested in a bid for Wolseley
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NewsWolseley spends another £13m on four more firms
Firms in America, Sweden and Greenland are latest to fall within the sights of the materials giant
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NewsBovis takes £48m hit on Northern projects
Bovis will reveal hit in February interims after problems on Manchester Joint Hospitals project and Bridewater Place in Leeds
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NewsStewart McColl steps down as chief executive in SMC reshuffle
Chairman Rodney Walker takes over dad to day running of the architect following profit warning as McColl moves to role of deputy chairman
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NewsMystery firms close in on Foster
The architect met four private equity firms this week ahead of a senior management meeting