Kier Group PLC (KIE.L)
28 Aug 2015
* Retained by built environment specialist Scape Group as sole contractor to deliver up to 1.5 billion stg of construction and maintenance work over next 4 years Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)
* Kier has been awarded three new contracts under procure 21+ framework
* Has exchanged contracts to acquire kier limited's share of its solum regeneration ("solum") joint venture with network rail
LONDON, April 28 - Kier Group has agreed to buy Mouchel in a 265 million pound ($404 million) deal that will add motorway maintenance to its local roads business and help it to secure more of the 17 billion pounds Britain is spending on its highways.
LONDON, April 28 - British support services and construction firm Kier Group said it had agreed to acquire road maintenance company Mouchel for 265 million pounds ($404 million), financed by a 340 million pound fully underwritten rights issue.