Balfour Beatty PLC (BALF.L)
20 Apr 2015
* Shares rise on plans to tackle troubled legacy (Adds CEO comments, background, analyst notes)
LONDON, Feb 17 - Troubled British infrastructure group Balfour Beatty plans to make new appointments to its leadership team, merge some operations and squeeze more savings from suppliers to repair the damage from a string of profit warnings last year.
LONDON, Feb 11 - British infrastructure group Balfour Beatty named Aveva Group's Philip Aiken as its new chairman, completing a boardroom shake-up after a string of profit warnings and rejected merger approaches last year.
* Puts dividend under review (Adds CEO comments, analyst reaction)
LONDON, Jan 20 - Troubled British infrastructure group Balfour Beatty has appointed Philip Harrison, a former chief financial officer at support services business VT Group, as its finance chief, in a change that follows a string of profit warnings.
LONDON, Dec 22 - When Balfour Beatty needed a new chief executive it called on turnaround specialist Leo Quinn to revive the business after a string of profit warnings and plunging share price that left it vulnerable to circling predators.
* Consortium reaches financial close on £550 million Aberdeen and North East Scotland road improvement project
LONDON, Dec 10 - British support services company Carillion expects a slowdown in government contracts awarded ahead of next year's national election, it said after lowering its revenue expectations on Wednesday.
(Adds Oriola-KD, Alex and Ani, Altice; Updates Club Mediterranee, Balfour Beatty)
LONDON - British infrastructure group Balfour Beatty has rejected a 1 billion pound ($1.6 billion) offer from John Laing Infrastructure Fund (JLIF) for assets it operates in partnership with government, saying the price was too low.