Construction and infrastructure group Carillion PLC (LON:CLLN) said it was awarded a £306 million Public Private Partnership project design, build, finance and maintain Toronto's Forensic Services and Coroner's Complex (FSCC).
Pennon Group PLC (LON:PNN) said its subsidiary Viridor Waste Management Ltd has acquired Reconomy Recycling Solutions Ltd (Reconomy), a UK materials recycling company, for a cash consideration of £23.8 million on a debt free basis. The acquisition is in line with the group's strategy of expanding its waste management activities, particularly in the recycling sector.
Business processing specialist Xchanging plc (LON:XCH) has snapped up Data Integration Ltd, a privately owned provider of security and communications technology for up to £9 million.
Commercial property company Segro (LON:SGRO) said that following changes to the SIIC (French REIT) regime, which means that it is no longer a regulatory requirement to have a listing on a domestic stock exchange, the company has, due in part to the low volume of transactions in Paris, elected to apply for the delisting of its shares from NYSE Euronext.
FTSE 250 oil and gas producer Dana Petroleum (LON:DNX) said its “challenging” Bamboo well in Egypt and the Monkwell well in the UK’s southern North Sea were not economic, which more than offset the announcement of two new discoveries in Egypt, sending the shares down by more than 7% in late morning trade.
Oil and gas services company and FTSE 100 constituent Petrofac (LON:PFC) said its performance was in line with expectations, projecting its backlog to amount to US$6.9 billion at 30 June 2010 compared to US$8.1 billion at the end of 2009.
Commercial property company Segro (LON:SGRO) is set to complete the acquisition of BAA’s 50% interest in the latter's joint venture with FTSE 100 insurer Aviva (LON:AV), the Airport Property Partnership (APP), also agreeing to sell assets from its existing portfolio into APP for £237 million.
Airline British Airways (LON:BAY) has reached an agreement with the trustees of its New Airways Pension Scheme (NAPS) and Airways Pension Scheme (APS) on a recovery plan that avoids closing the pension schemes and facilitates the airline’s merger with Spanish peer Iberia.
Business processing company Xchanging (LON:XCH) has signed a letter of intent to form an enterprise partnership with financial and payment system services provider SIA-SSB to acquire 51% of, and assume operational control over, the latter's Italian subsidiary Kedrios S.p.A.
Chemring (LON:CHG) said its revenues for the six months to 30 April rose 10% to £255.9 million as its order book expanded by 16% to £651 million at period-end and offered a positive outlook for the remainder of the year, expecting to see a stronger trading performance and meet full year expectations.
Hammerson PLC (LON:HMSO), which owns 25 percent of Battery Retail Park in Birmingham, has acquired the remaining 75 percnet from its partner TIAA-CREF for £49.5 million.
Mining giants Rio Tinto (LON:RIO, ASX:RIO, NYSE:RTP) and BHP Billiton (ASX:BHP, LON:BLT) have agreed to new mining royalties for fine and lumpy iron ore production from their operations in the state of Western Australia, subject to ratifying legislation by the Western Australian parliament.
As Tony Hayward, CEO of BP (NYSE:BP, LON:BP) took another bashing from US politicians yesterday after being snapped sailing off the Isle of Wight, Anadarko Petroleum (NYSE:APC) tried to distance itself from the potential liabilities of the worst oil spill in history of drilling in the Gulf of Mexico.