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UK: Construction merger could overhaul entire industry

By  |  July 25, 2014

A proposed merger between two construction firms in the UK is seen as having only a 50/50 chance of proceeding, but if successful, analysts predict the deal could entirely overhaul the industry.

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    Carillion and Balfour Beatty are in preliminary merger discussions, according to reports. The two are the UK’s largest contractors.

    Experts are not convinced that the merger would actually go through; the companies have not formally announced any plans, and competition concerns could thwart the deal.

    But if successful, experts say, a slew of divestitures would likely result as the two companies have significant overlap in multiple jurisdictions.

    Full content: Building.co.uk

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