Under the terms of the merger agreement, GISI will commence an all-cash tender offer to acquire 100% of the issued and outstanding shares of Hill for US$2.85 (£2.36) in cash per share, representing a premium of 62.8% to Hill’s closing share price on August 16, 2022.
The Vp board announced on 28th April 2022 that it was launching a formal sale process (FSP). After reviewing proposals with its advisers it has concluded that none were good enough. The sale is now off.
Vp’s controlling shareholder Ackers P Investment Company, a company connected to Vp chairman Jeremy Pilkington, has indicated to the board it
The acquisition gives Colas Rail a foothold in the German market and is a key step in the company’s strategy for growth in countries with stable economies and high investment potential in the rail sector.
Hasselmann Group is currently a family-owned business comprising three
Woodberry Down is a 30-year regeneration project next to Finsbury Park that Berkeley started in 2009. More than 5,500 mixed-tenure new homes are planned. The development is being built over eight phases, and will include parkland, open water and a nature reserve – the Woodberry Wetlands.
Vital Energi has been brought in to install 800kW of air source
The CIOB wants an end to the anomaly that 20% value added tax (VAT) is applied to building improvement work but not to new build. This can mean that perfectly good buildings are being knocked down and rebuilt instead of being refurbished because the absence of VAT makes it cheaper. This is usually ecologically inefficient.
A paper produced by CIOB
Monthly construction output decreased 1.4% in volume terms in June 2022, according to the Office for National Statistics. This is the first decrease since October 2021 (0.9%) following seven consecutive months of growth.
June’s decrease was a result of falls in both new work (2.0%) and repair & maintenance (0.2%). Output in private new housing was down 6.1% and private
