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Balfour Beatty PLC — M&A Activity 2013
Feb 1, 2013
4595_rns_2013-02-01_ced2b646-54f8-405a-a81f-d63ddd8f8c6a.html
M&A Activity
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RNS Number : 9713W
Balfour Beatty PLC
01 February 2013
1 February 2013
BALFOUR BEATTY NOTES PRESS SPECULATION
Balfour Beatty plc ("Balfour Beatty"), the global infrastructure group, notes today's press speculation regarding its UK facilities management business and confirms that it is currently exploring strategic options for this business in keeping with its strategy to focus on economic infrastructure.
A further announcement will be made when appropriate.
ENDS
Analyst/investor enquiries:
Basak Kotler
Balfour Beatty plc
Tel. +44 (0)20 7216 6924
Media enquiries:
Maitland
Tel. +44 (0)20 7379 5151
Notes to editors:
1. Balfour Beatty's UK facilities management business is a unit within its Support Services division and generated c.£500 million of revenue in 2011.
2. Balfour Beatty (www.balfourbeatty.com) is a world-class infrastructure group with capabilities in professional services, construction services, support services and infrastructure investments.
We work in partnership with our customers principally in the UK, continental Europe, the US, South-East Asia, Australia and the Middle East, who value the highest levels of quality, safety and technical expertise.
Key infrastructure markets include transportation (roads, rail and airports); social infrastructure (education, specialist healthcare, and various types of accommodation); utilities (water, gas and power transmission and generation) and commercial (offices, leisure and retail).
The Group delivers services essential to the development, creation and care of these infrastructure assets including project design, financing and management, engineering and construction, and facilities management services.
Balfour Beatty employs 50,000 people around the world.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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