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Dutch dredging giant Royal Boskalis is to buy Ballast Nedam from British Aerospace for £175 million.The move will create the world's largest marine contractor, with a turnover of £1.25 billion.A Boskalis statement said: 'The new group of companies will profile itself as an international contracting company specialised in civil and marine construction.'In addition to the core business, Ballast Nedam will keep up airfield and defence work in Saudi Arabia.And a Boskalis spokesman ...

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