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(Adds details) LONDON, April 3 (Reuters) - British energy service firm Wood Group said it had won a contract to support gas turbines and compressors on Kazakhstan's troubled Kashagan oil field, where conditions make extreme demands on equipment. The eight-year contract, which began in
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LONDON (Alliance News) - Europe's largest home improvement retailer Kingfisher saw its shares rise Thursday after saying it is in exclusive negotiations to acquire French home improvement retail chain Mr Bricolage for an overall enterprise vale of around EUR275 million.
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LONDON (Alliance News) - A John Wood Group PLC joint venture has won an eight-year contract in Kazakhstan's Kashagan oil field, the company said in a statement Thursday. KTR-WG Turbine Services LLP, a joint venture between Wood Group GTS and KazTurboRemont, has been awarded a long-term serv
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Wood Group has been awarded a long-term service agreement by the North Caspian Production Operating Company (NCPOC) in Kazakhstan. KTR-WG Turbine Services LLP (KTR-WG), a joint venture between Wood Group GTS and KazTurboRemont (KTR), will support the critical rotating equipment on the Kashagan proj
Read moreLONDON (Alliance News) - Marks and Spencer Group PLC is planning to open 250 new stores outside the UK over the next three years, as part of its global expansion plans.
M&S currently operates a total of 455 stores in 53 territories outside the UK, as well as nin
LONDON (Alliance News) - John Wood Group PLC Wednesday said it has been awarded an engineering, procurement and construction services contract at the Gippsland Basin Joint Venture's projects in Victoria, Australia. The oil and gas engineering company said the contract, which is effective fr
Read moreEngineering giant Wood Group has scored a contract with Esso Australia, a subsidiary of ExxonMobil, for works on Gippsland Basin projects in Victoria, Australia. The company will provide engineering, procurement and construction services to support the Gippsland Basin, a joint venture between opera
Read moreLONDON (Alliance News) - Shares have opened flat to slightly down Wednesday, despite a record close in the US and strong UK house price data.
Goldman Sachs has added Go-Ahead Group to its Conviction Buy List with a price target of 2,310 pence. The bus and train comp
LONDON (Alliance News) - Weir Group's takeover approach to Finnish rival Metso is the biggest of a flurry of deals and potential deals announced Tuesday, with GKN acquiring the William's Formula 1 team parent's hybrid engine unit and Capita bo
Read moreLONDON (Alliance News) - The following is a summary of top news stories Tuesday.
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COMPANIES
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The Weir Group PLC and Finland's Metso Oyj confirmed that Glasgow-based Weir has made an unsolicited proposal to Metso for a me
UK stocks are expected to rise on Tuesday morning following a strong finish on Wall Street last night after comments from Federal Reserve Chair Janet Yellen. City sources predict the FTSE 100 will open 28 points higher than Friday's close of 6,598.37. Tuesday will be a data-heavy session for finan
Read moreLONDON (Alliance News) - UK shares have opened mostly higher Tuesday, following through on a strong close in NY and dovish comments from the US Federal Reserve chair.
Rathbone Brothers has made waves early Tuesday, announcing two major acquisitions and a share placi
LONDON (Alliance News) - John Wood Group PLC said Tuesday it has acquired Canadian pipeline engineering company, Sunstone Projects Ltd, in a CAD14.5 million deal. Under the terms of the acquisition, the international energy services company said Sunstone will be rebranded as Wood Group Must
Read moreOil and gas services company Wood Group said on Tuesday it has bought Sunstone Projects for 14.5m Canadian dollars. Sunstone, based in Calgary, Canada, is a pipeline consulting company providing engineering, procurement and construction management services to the oil and gas sector. Sunstone, whi
Read moreLONDON (Alliance News) - The UK government has raised a further GBP4.20 billion from its second sale of Lloyds Banking Group PLC shares, meaning it has now recouped GBP7.41 billion of the roughly GBP21 million that taxpayers injected into the bank during the financial crisis.<
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