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UK: Construction merger could overhaul entire industry

 |  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.

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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