Kentz Corporation Ltd (KENZ.L)
|Market Cap (Mil.):||£1,113.00|
|Shares Outstanding (Mil.):||119.85|
TORONTO - Canada's SNC-Lavalin Group Inc will buy resource-sector engineering group Kentz Corp in a 1.16 billion pound ($2 billion) deal that SNC said on Monday will accelerate its turnaround plan, including the sale of noncore assets.
(Recasts throughout with comments from SNC CEO, CPPIB executive, details on stake in Highway 407, LNG positioning and M&A)
June 23 - SNC-Lavalin Group Inc, Canada's largest engineering and construction company, said it would buy British energy services provider Kentz Corp Ltd for about 1.164 billion pounds ($1.98 billion) in cash.
* Agreement has been reached on terms of a recommended cash acquisition by which entire issued and to be issued ordinary share capital of Kentz will be acquired by SNC-Lavalin (GB)
(Corrects fourth paragraph to show recommendations concerned only votes on pay reports, and that the comparison was with all of last year's AGMs, not just those held before May 6)
* Several shareholders oppose resolutions at top UK firms
LONDON, May 16 - Shareholders at British energy services firm Kentz rejected top managers' pay and bonuses on Friday, the first time a London-listed company has been forced to review its executive remuneration policy.
* Kentz corporation - kentz awarded us$125m 5 year contract in kuwait
- awarded a further $570 million contract for Ichthys Lng project
April 4 - Kentz Corporation Ltd, a British engineer focused on the energy sector, said Meg Lassarat would replace Ed Power as chief financial officer.