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Balfour Beatty to buy Jarvis? look at todays RNS (JRVS)     

maestro - 17 Sep 2009 07:18

RNS Number : 2103Z
Balfour Beatty PLC
17 September 2009






Balfour Beatty




Following recent press speculation, Balfour Beatty confirms that it is in advanced discussions regarding a significant and complementary acquisition which would materially accelerate the fulfilment of its existing strategy.

If the acquisition proceeds, it is expected that it would be substantially funded by a rights issue.

However, there can be no certainty that either the acquisition or associated rights issue will proceed.

A further announcement will be made as and when appropriate.


Enquiries:

Balfour Beatty
Duncan Murray
Tel: 020 7216 6800

Pelham PR
Andy Cornelius
Gavin Davis
Tel: 020 7337 1514


zephod - 07 Oct 2009 11:32 - 4 of 4

heading north again.....
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