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International news

Ferrovial hires Goldman Sachs to sell Amey

Ferrovial hires Goldman Sachs to sell AmeySubscription

Spanish construction giant Ferrovial has appointed advisers including Goldman Sachs to draw up plans as it eyes the sale of its UK subsidiary Amey, CN understands.

lyric theatre complex hong kong balfour beatty

Balfour JV wins £550m Hong Kong theatre complexSubscription

Balfour Beatty’s international joint venture Gammon Construction has been picked to build a £551m Hong Kong complex featuring three theatres. 

Keller chief executive Alain Michaelis

Keller to axe 700 jobs after £57m hitSubscription

Keller is to cut 700 jobs worldwide and incur £57m of restructuring costs following poor performance in Asian markets.

Paul Donaghy head of cost consultancy MENA Mace

Mace appoints regional cost consultancy headSubscription

Mace has appointed Paul Donaghy to lead the contractor’s cost consultancy business for the Middle East and North Africa (MENA).

Kier sells Australian business to reduce debt

Kier sells Australian business to reduce debtSubscription

Kier has sold its Australian road maintenance business for around £24m and will use the profit to reduce its net debt.