Brief: Balfour Beatty Sells Its Shareholding In Gammon For £250 Million
13/10/2026 07:16
BRIEF-Balfour Beatty Sells Its Shareholding In Gammon For £250 Million Oct 13 (Reuters) - Balfour Beatty PLC BALF.L:
BALFOUR BEATTY PLC - SALE OF BALFOUR BEATTY’S SHAREHOLDING IN GAMMON
BALFOUR BEATTY: HAS SOLD ITS 50% SHAREHOLDING IN GAMMON CONSTRUCTION
BALFOUR BEATTY - CARRYING VALUE OF 50% GAMMON SHARE £86 MILLION AS AT 30 JUNE 2026
BALFOUR BEATTY: PROPOSED DEAL FOR TOTAL CASH CONSIDERATION OF £250 MILLION
BALFOUR BEATTY: TOTAL CASH CONSIDERATION PAYABLE IN GBP IN THREE EQUAL TRANCHES
BALFOUR BEATTY: GAMMON WILL BE REPORTED AS A DISCONTINUED OPERATION IN COMPANY'S 2026 FINANCIAL STATEMENTS
Source text: ID:nRSM7226Ya
Further company coverage: BALF.L