17th Sep 2009 07:00
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: 020 7216 6800 Pelham PR Andy Cornelius Gavin Davis Tel: 020 7337 1514
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