McAlpine-Carillion

Graham Anderson

27 February 2008

After rebuffing two previous offers, Alfred McAlpine has accepted a UK€ 5.85 (US$ 11.99) per share takeover offer from UK rival Carillion, which values the company at UK€ 600 million (US$ 1.23 billion). The offer comprises a mix of 25% cash and 75% Carillion shares, which will be newly issued.

In a separate development, Alfred McAlpine has announced the sale of its interest in six Private Finance Initiative (PFI) concessions in the UK roads, education and healthcare sectors for UK€ 52.2 million (US$ 107 million).

PFI is the UK model for public-private partnership (PPP) government concessions. The buyer is a specialist infrastructure investor, Investors Limited Partnership (I2).

Business & Finance Mergers & acquisitions Construction
STAY CONNECTED



Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

Sign up

CONNECT WITH THE TEAM
Andy Brown Editor, Editorial, UK - Wadhurst Tel: +44 (0) 1892 786224 E-mail: [email protected]
Neil Gerrard Senior Editor, Editorial, UK - Wadhurst Tel: +44 (0) 7355 092 771 E-mail: [email protected]
Catrin Jones Deputy Editor, Editorial, UK – Wadhurst Tel: +44 (0) 791 2298 133 E-mail: [email protected]
Eleanor Shefford Brand Manager Tel: +44 (0) 1892 786 236 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA