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The Herald (Free subscription) | 8 hours ago
Construction giant Balfour Beatty is paying £2.25m to settle a Serious Fraud Office (SFO) investigation into its work on construction of the enormous Bibliotheca Alexandrina in Egypt.
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The Telegraph (Free subscription) | yesterday
Balfour Beatty yesterday achieved a dubious distinction when it became the first business to be penalised as a result of new powers handed to the Serious Fraud Office.
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Times Online (Free subscription) | yesterday
Balfour Beatty, the UK construction group, will pay £2.25 million to settle a Serious Fraud Office (SFO) investigation into inaccurate accounting at an Egyptian joint venture.
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Times of India (Free subscription) | 21/09/2008
Delhi-based brokerage house SMC Group has joined hands with South African financial major Sunlam to enter in wealth and asset management businesses in India.
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workinproperty (Free subscription) | 19/09/2008
Kier Group is set to move away from private home development anf concentrate is efforts towards social housing and its construction business. Its focus now is to be on "partnership housing", acting as a contractor for public agencies looking to build social units. Chief executive,John Dodds said, "There's a sea-change in how we're running the business...The traditional model of housebuilding,buying...
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Financial Time (Free subscription) | 19/09/2008
Kier Group is set to walk away from the traditional housebuilding model to focus on social housing and its construction business, marking the first major group to exit...
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Reuters UK (Free subscription) | 18/09/2008
LONDON, Sept 18 (Reuters) - Construction to housebuilding company Kier Group Plc said its combined order books for construction and support services are at record levels after it announced a 12.1 percent increase in full-year profits.
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PR News Wire (Free subscription) | 17/09/2008
NEW YORK, Sept. 17 /PRNewswire-FirstCall/ -- Millennium India
Acquisition Company, Inc. ("MIAC") (Nasdaq: ) today announced that SMC
Group has entered into joint venture agreements (JV) with Sanlam
Investments, the investment arm of South African financial services firm,
Sanlam Group. The agreement between the parties calls for setting up two
new businesses in India -- a wealth management company and...
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Just In Just Out (Free subscription) | 17/09/2008
New Delhi, September 15th, 2008: India's fourth largest securities brokerage house, SMC Group ("SMC"), announced today that it had entered into joint venture agreements (JV) with Sanlam Investments, the investment arm of South African financial services giant, Sanlam Ltd. More...
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PR News Wire (Free subscription) | 16/09/2008
NASHVILLE, Tenn., Sept. 16 /PRNewswire/ -- Balfour Beatty Construction
announced today it has hired Barry Scearce as Director of Business
Development.
Scearce has more than a decade of experience in sales and business
development. He most recently served as Vice President of Business
Development for AssistMed, Inc., a clinical information technology provider
based in Beverly Hills, Calif. He also...
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Hindu (Free subscription) | 15/09/2008
NEW DELHI: Domestic brokerage house SMC Group on Monday said South African financial giant Sanlam Group will invest Rs. 215 crore in the company for setting up wealth and asset management businesses through two joint ventures. Sanlam ...
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The Herald (Free subscription) | 12/09/2008
Galliford Try, the infrastructure and housing com-pany that owns Morrison Construction in Scotland, turned in record profits in several divisions in the year to June, but the housing slump forced it to declare a writedown in land values.
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The Telegraph (Free subscription) | 12/09/2008
Housebuilder and construction group Galliford Try has admitted sale prices of new-build houses have "fallen off a cliff", dropping 20pc since their peak in May last year.
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Financial Time (Free subscription) | 11/09/2008
Housebuilder and construction group maintains annual profits in spite of having to cut 20 per cent off new house prices in an attempt to preserve volume