Statement re press speculatio

RNS Number : 2103Z

Balfour Beatty PLC

17 September 2009

 



Balfour Beatty

Following recent press speculation, Balfour Beatty confirms that it is in advanced discussions regarding a significant and complementary acquisition which would materially accelerate the fulfilment of its existing strategy.

If the acquisition proceeds, it is expected that it would be substantially funded by a rights issue.

However, there can be no certainty that either the acquisition or associated rights issue will proceed.

A further announcement will be made as and when appropriate.

Enquiries:

Balfour Beatty
Duncan Murray
Tel: [phone]

Pelham PR
Andy Cornelius
Gavin Davis
Tel: [phone]

 

END

 

 

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