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PRESS: Balfour Beatty To Look Into US Air Force Base Allegations

15th Jul 2019 11:22

(Alliance News) - Construction firm Balfour Beatty PLC has started an internal investigation after allegations made by prominent US politician Elizabeth Warren.

Warren, a candidate to be the Democratic Party's choice for the 2020 US presidential election, has alleged Balfour Beatty provided substandard housing and services at the Tinker Air Force base in Oklahoma.

Balfour Beatty has managed the base since 2008 after winning a 50-year, USD410 million contract.

https://www.ft.com/content/5a689ac4-a624-11e9-984c-fac8325aaa04?segmentId=080b04f5-af92-ae6f-0513-095d44fb3577

Balfour Beatty shares were 1.3% lower on Monday in London at a price of 235.80 pence each.


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