Balfour Beatty Rejects Carillion’s Merger Offer

Balfour Beatty Rejects Carillion’s Merger Offer Play

Aug. 20 (Bloomberg) -- Balfour Beatty Plc rejected an increased bid from rival Carillion Plc to form Britain’s biggest builder with a market valuation of more than 3 billion pounds ($5 billion), saying the plan is too risky. Jefferies International Senior Research Analyst Anthony Coding speaks on “The Pulse.” (Source: Bloomberg)

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