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About Capstone - Leading International Property Recruitment Consultants Capstone was established in 2009 by experienced recruiters and industry professionals who have worked within the property and construction market since 1997. Our team recruits all types of professionals spanning the property life cycle including all real estate functions, construction & engineering and infrastructure. We recruit at all levels from recently qualified professionals through to Director level. Capstone’s success is a result of strong partnering relationships built over many years within the sector representing candidates and clients from all backgrounds. Capstone’s deep industry knowledge coupled with a drive for quality and living and breathing the industry sets us apart.

Monday, 11 August 2014

Balfour Beatty says no to second merger approach from Carillion


Construction industry | The Guardian

Balfour Beatty says no to second merger approach from Carillion

Balfour Beatty's Steve Marshall says the board saw 'substantial financial and operational risks' in a merger

Balfour Beatty, the UK's largest construction firm, has rejected a second merger approach from its much smaller rival Carillion, saying the £3bn merger would be too risky.

Balfour Beatty had been under pressure from Carillion to resume talks but remained unhappy with Carillion's plan that it should call off the sale of Parsons Brinckerhoff, its US design and engineering business.

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