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TRANSIT CEASED PUBLICATION IN JUNE 2010

Construction firm Kier has higher bid for May Gurney than rival Costain

24 April 2013
 

Kier is bidding £221m for support services firm May Gurney, in a move that could see it beat Costain to acquire the company.

Kier's bid is more than a third higher than Costain's offer made last month of £177m. Costain said it was now considering its options. Both Kier and Costain say that May Gurney's maintenance capabilities would complement their construction services, allowing them to provide integrated services. There has been a wave of consolidation in the sector, with...

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