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Keep up to dateEaga shareholders have voted to approve a £306m takeover bid by Carillion. Eaga shares are now expected to be listed under Carillion’s name on the stock exchange from 21 April.
Carillion’s acquires Eaga in a share-boosting move away from general contracting in the UK
Carillion looks to have bought the right firm, at the right time, for the right price.
Cathal O’Rourke says contracting’s cherished 5% figure can be achieved and warns current industry average ‘is not sustainable’
Firm had argued that original £16m figure handed to it last March was excessive
Construction on high-speed rail scheme started too early, new chief tells MPs
New name comes after sale to private equity in August
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