BGIS cancels transaction to acquire UK Carillion portfolio
BGIS, a leading global real estate and facility management services provider, has announced that its previously announced agreement to acquire a portfolio of Carillion facility management contracts in the United Kingdom will not be proceeding, as certain closing conditions have not been met.
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March 14, 2018
John Laing divests from UK Intercity Express project for US$300 million
John Laing Group has announced that, following the receipt of final bids earlier this week, it has agreed to sell its remaining 15% interest in the Intercity Express Programme (IEP) Phase 1 project to a subsidiary of AXA SA, a worldwide leader in insurance and asset management.
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March 09, 2018
Shortlisted consortium withdraws from US$1.4 billion Thames tunnel project
One of the three consortia shortlisted for the GBP1 billion (US$1.4 billion) Silvertown Tunnel project has withdrawn from the tender process. The consortium comprised Swedish developer Skanska, Austrian construction company Strabag and Paris-based global investor and asset manager Meridiam.
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March 08, 2018
Atlantia announces US$1.3 billion acquisition of Eurotunnel stakes
Atlantia has announced that it has reached an agreement for the acquisition of 100% of the share capital of Aero 1 Global & International S.à.r.l., an investment vehicle fully controlled by funds managed by Goldman Sachs Infrastructure Partners which owns 85,170,758 shares in Groupe Eurotunnel S.E (Getlink), representing 15.49% of the share capital and 26.66% of the voting rights of the company, based on the numbers published by Getlink on 16 February 2018.
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March 01, 2018
Currie & Brown appoints three directors for the infrastructure team
Currie & Brown UK has announced the appointment of eight new directors, five of whom are new appointments and three of whom have been promoted to the position from within the company.
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February 22, 2018
UK Parliament votes against PPP tax
Yesterday the UK Parliament voted against imposing a windfall tax on PPP contractors. The tax was proposed by a member of the Labour Party, and was supported by members of other parties and publicly backed by the UK's second largest trade union.
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