Balfour Beatty: Carillion bid fails to address “significant risks”
Balfour Beatty has dismissed today’s latest statement from Carillion on its bid attempt, saying it fails to address “the significant risks” set out in Balfour Beatty’s announcement of 11 August.
Carillion in talks with Balfour Beatty shareholders
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:confident that AMP6 Business Plan has support of customers
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:South West Water continues strong financial performance
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 pre-tax profits fall £25m in first half of 2014
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 rejects Carillion’s revised merger proposal
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.
Japanese firm outbids Arcadis to win Hyder Consulting
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 business in management buyout deal
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 back in profit – order book stands at £600m
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 Staffs Water tops customer service league on SIM, Thames in last place
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.
News Showcase
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Future Water Networks November 2026 kicks off with AMP8 Year in Water review
The Future Water Association’s annual Networks November event kicked off last week with a Year in Water Review – a recap on the past year and what it means for the sector going forward. -
South West Water explores new approach to sludge dewatering in UK-first municipal trial
South West Water has hosted the first municipal trial of the Fournier Rotary Press in the UK, assessing its potential to improve sludge dewatering performance and support future biosolids standards. -
Uniwater strengthens its UK presence with acquisition of Hy‑Ram Engineering
Uniwater has acquired Hy-Ram Engineering, a specialist in tooling, products and hire for the water sector, based in Mansfield, England. -
Enpure Ltd and Clean TeQ Water Ltd in new collaboration for Moving Bed Ion Exchange-based nutrient removal
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.
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Other Latest News
- Scottish Water awards multi million pound contract for digital transformation services
- South West Water and Uni of Exeter publish new research on how machine learning can tackle lead pipe challenges
- United Utilities flags up use of low carbon construction solutions at three sites
- EA publishes new report on long-term investment scenarios for flood and coastal erosion risk management
- Ordnance Survey research shows climate risk tops data confidence concerns for UK businesses
- Environment Agency reviews approaches to assessing PFAS thresholds for water
Watch
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Southern Water showcases last footage inside Yew Hill Reservoir before filling
Southern Water has released film and images showing what it’s like to walk inside Hampshire’s expanded Yew Hill underground reservoir for the very last time, before it gets filled with water. -
Scottish Water completes £235m investment in two-way connection between drinking water networks
Hear how Scottish Water has completed its £235 million Ayrshire Glasgow Resilience Project - customers across Greater Glasgow, Ayrshire and East Renfrewshire will now benefit from a more secure and resilient water supply. -
United Utilities accelerates investment to reduce spills from storm overflows across Northwest
Hear how United Utilities is accelerating its investment to reduce spills from storm overflows across the Northwest.
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