11th Jun 2009 08:21
For immediate release, 11 June 2009
AMEC confirms conditional proposal to acquire Australian engineering services company GRD
AMEC plc, the international engineering and project management company ('AMEC'), notes the announcement made today by GRD Limited ('GRD') regarding a conditional proposal by AMEC for the acquisition of GRD.
GRD is an independent listed Australian engineering and development company which would complement AMEC's operations in the mining sector.
AMEC confirms that it is in discussions with GRD, however the proposal remains conditional in a number of respects including completion of due diligence and negotiating and executing a binding implementation agreement. As such, there is no certainty that a formal offer will be made. Further announcements will be made as appropriate.
Ends
Enquiries to:
AMEC plc: + 44 (0)20 7539 5800
Neil Jamieson, Director of Investor Relations
Media contacts:
Frank Stokes, AMEC: +44 (0)7712 008356
Brunswick: +44 (0)20 7404 5959
Kevin Byram
Mike Harrison
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