All articles by Angela Monaghan – Page 17
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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 ¾«¶«Ó°ÊÓ below target
Martin Smout, the chief executive of Gleeson ¾«¶«Ó°ÊÓ, 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 ¾«¶«Ó°ÊÓ 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 ¾«¶«Ó°ÊÓ'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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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