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Costain

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Examples

  • Such vehicles, and those belonging to construction firm Costain, which is delivering the massive Church Village Bypass scheme, are also being deployed to help with the Meals on Wheels service.

    WalesOnline - Home 2010

  • The new proposal consists of 0.5947 in new Costain ordinary shares for each Mouchel ordinary share.

    Costain Raises Mouchel Offer to $236 Million Margot Patrick 2011

  • The proposal is conditional on Mouchel's board agreeing to it and on Mouchel granting Costain access to conduct due diligence on the company, Mr. Allvey said.

    Costain Raises Mouchel Offer to $236 Million Margot Patrick 2011

  • Costain separately said it finished 2010 in-line with its expectations, with a forward-order book of £ 2.4 billion and more than £ 100 million in cash.

    Costain Raises Mouchel Offer to $236 Million Margot Patrick 2011

  • Analysts Thursday said the new figure could get talks off the ground, though some said Costain might still have to pay more.

    Costain Raises Mouchel Offer to $236 Million Margot Patrick 2011

  • The offer sent Mouchel's shares up 20.6%, or 22 pence, to 130 pence, while Costain stock had yet to trade at 3:15 a.m.

    Costain Raises Mouchel Offer to $236 Million Margot Patrick 2011

  • The all-stock offer, worth around 135 pence a Mouchel share based on Wednesday's closing prices, comes after Costain had a proposal of around 105.8 pence per share rejected in December.

    Costain Raises Mouchel Offer to $236 Million Margot Patrick 2011

  • "The board of Costain continues to believe that there is a compelling strategic rationale for combining Costain and Mouchel and creating an enlarged group with enhanced critical mass to meet the customer trend towards larger and longer-term bundled solutions," Costain Chairman David Allvey said.

    Costain Raises Mouchel Offer to $236 Million Margot Patrick 2011

  • The companies' combined forward order book would be over £ 4 billion, Costain said.

    Costain Raises Mouchel Offer to $236 Million Margot Patrick 2011

  • Mouchel holders would also get any final 2010 Costain dividend, a sum totaling 5.5 pence per share in the previous year.

    Costain Raises Mouchel Offer to $236 Million Margot Patrick 2011

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