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Don't have an account? Click here to register.Atkins to sell minority stake in M25 for £66m
Mon, 12th Dec 2016 07:13
(ShareCast News) - Engineering firm WS Atkins has agreed to sell its minority investment in the M25 motorway to a consortium of institutional investors for £66.3m.The FTSE 250 company will sell its private finance initiative in the motorway to Edge Orbital Holdings, which is being advised by broker Macquarie, subject to third party consents and is expected to be completed by the end of 2016.At 30 September the company held a £19.7m interest bearing loan notes in Connect Plus (M25) Intermediate, which it holds a 10% stake in along with a consortium including Balfour Beatty, Skanska and Egis Road Operation UK. The loan notes mature in 2039 with an interest rate of 12% per annum.
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31 Dec 2015 11:56
19 Nov 2015 16:38
17 Nov 2015 08:20
Atkins acquires nuclear waste experts PP&T for $318m
(ShareCast News) - WS Atkins has agreed to acquire the nuclear waste and decommissioning specialist PP&T for $318m (£206m) cash. PP&T, hitherto the projects, products and technology segment of US-based, private-equity owned parent EnergySolutions, is a significant player in the global market for nuc
Read more12 Nov 2015 10:28
12 Nov 2015 09:05
WS Atkins interim profit and revenue rise as UK, Europe improve
(ShareCast News) - WS Atkins posted a jump in first half pre-tax profit as revenue increased thanks in part to an improvement in the UK and Europe. For the six months to the end of September, pre-tax profit rose 38% to £53.8m on revenue of £904.6m, up 8.8% from the same period last year. The design
Read more12 Nov 2015 08:21
24 Sep 2015 07:26
Outlook positive for WS Atkins at half year mark
(ShareCast News) - WS Atkins said the outlook for the full year looks positive. The design, engineering and project management consultancy group released a trading statement on Thursday ahead of the end of the first half of its financial year. It said overall first half performance is expected to b
Read more17 Sep 2015 15:08
21 Aug 2015 05:17