Balfour Beatty Hangs Query Over Pounds 291m Carillion Offer for Mowlem

Summary


BALFOUR BEATTY, the rail engineer and construction group, is set to weigh into the battle for smaller building group Mowlem, admitting it could counterbid a recommended offer from arch-rival Carillion.

Just last week Mowlem, the company reconstructing the south stand at England's Twickenham rugby headquarters, agreed to a Pounds 291 million cash and shares offer from Carillion.

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Extract


Balfour Beatty Hangs Query Over Pounds 291m Carillion Offer for Mowlem

Though the Carillion offer had been ...

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