UBS to fight plagiarism accusations

first_img Tags: NULL Wednesday 11 August 2010 8:51 pm Show Comments ▼ UBS last night said it would “vigorously” fight a potentially embarrassing lawsuit from a small news agency, which has accused the investment bank of lifting copyrighted material for its in-house updates.Energy Intelligence, an oil and gas reporting service, claims UBS reproduced parts of its articles for its own energy newsletter, Daily Oil News. It is understood UBS’ publication is an aggregation of sector-specific news rather than proprietary analysis.UBS lifted information from Energy Intelligence and sent it out to clients at least 10 times between 2006 and 2007, according to papers filed at the High Court of Justice.At the heart of the case is London-based UBS oil analyst Jon Rigby. Rigby had a single-user subscription to Energy Intelligence news and coordinated the institution’s Daily Oil News publication, which is sent out to 17 countries, the lawsuit alleges.According to Bloomberg, UBS is accused of acting “in a systematic manner over a long period of time… [with a view to] enhancing its profile.”UBS stated: “UBS intends to defend the case vigorously.” Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot Share whatsapp whatsapp UBS to fight plagiarism accusations KCS-content last_img read more

Arctic gas find falls short of Cairn hopes

first_img Tags: NULL Show Comments ▼ KCS-content More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMark Eaton, former NBA All-Star, dead at 64nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comConnecticut man dies after crashing Harley into live bearnypost.com OIL explorer Cairn said yesterday it has found “encouraging” gas and oil bearing sands in the Arctic, and remains confident it can produce fuel in the region despite the failure of its first well. Shares dipped four per cent to 445.50p as investors hoping for a major oil find at the well near Greenland were disappointed. “If explorations are ultimately successful Cairn can unlock a lot of value and materially change the company over the next few months. But Greenland represents a frontier for oil exploration, so it’s a higher risk than is standard,” said one analyst who covers the firm. The T8-1 well is only the seventh to be drilled in the Arctic, though rivals Exxon Mobil and Chevron have recently piled into the area by snapping up a slew of offshore licences.The company said underlying revenue for the first half of the year grew 311 per cent to $333m (£215.2m), thanks to strong performance in India.Cairn swung into pre-tax profit for the period, posting gains of $88m compared to a $22m loss last year. Chief executive Bill Gammell said he was not troubled by reports of a challenge from state-owned firms to take control of Cairn’s Indian unit. Vedanta Resources has offered up to $8.5bn for a majority stake in Cairn India.“The government needs to endorse the overall transaction, I’m very conscious of that,” he said in a conference call.He added that Cairn had a strong track record of achieving government approvals in the past. Arctic gas find falls short of Cairn hopes by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailBetterBe20 Stunning Female AthletesBetterBeCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy Fanautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading Blvdcenter_img whatsapp Share Tuesday 24 August 2010 7:28 pm whatsapplast_img read more

HayFin to lend €3bn with Cohen backing

first_img KCS-content Sunday 5 September 2010 10:01 pm Tags: NULL Show Comments ▼ whatsapp HAYMARKET FINANCIAL, the recently-established small business lender, has raised €450m (£375m) from Lord Rothschild, Sir Ronald Cohen and an Australian fund.HayFin was set up last year to extend credit to young businesses with enterprise values of between €100m and €500m. It is run by former Goldman Sachs partner Tim Flynn and boasts non-executive advisers such as Simon Palley, the ex-chief executive of private equity behemoth BC Partners.HayFin received seed funding from a consortium led by buyout firm TowerBrook and including Canadian pension vehicles Omers and PSP. The fresh round of fundraising from Rothschild, the banking magnate, venture capital pioneer Cohen and Australia’s Future Fund brings HayFin’s market capitalisation to €1bn.The institution will use leverage to lend up to €3bn to small and medium-sized enterprises (SMEs), around three quarters of whom will be in the UK. The move comes amid a drought of credit for middle-market businesses. According to the Bank of England, £62.6bn of bank lending has been withdrawn from companies since January last year. Politicians including chancellor George Osborne have repeatedly exhorted banks to step up their lending to SMEs.While other start-up banks such as Virgin Money have targeted consumers, HayFin’s model puts it closer to projects such as Aldermore, the SME lender backed by Anacap. center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comConnecticut man dies after crashing Harley into live bearnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com Share whatsapp HayFin to lend €3bn with Cohen backing last_img read more

Luminar trading in line despite drop in clubbers

first_img Britain’s biggest nightclub operator Luminar has seen further falls in revellers at its venues but is trading in line with forecasts it said. Trading in the half year to 26 August saw like-for-like sales during the period fell by 20.2 per cent.Admission revenue fell by 26.5 per cent with the number of clubbers entering Luminar’s premises falling by 19.1 per cent – even though average admission prices dropping to £3.19 a head from £3.52. But revenues were boosted as average drinks spend per head rose to £8.39 from £8.30.Gross margins were in line with the same period the previous year, Luminar said, adding that it generated £3.7m from the sale of four properties.The company said in a statement: “Luminar had a net operating cash inflow during the period and allied with the property sales outlined above, continues to trade within the terms of its banking facilities.” Luminar trading in line despite drop in clubbers Show Comments ▼ whatsapp whatsapp Tags: NULL Sharecenter_img Thursday 23 September 2010 2:37 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com John Dunne Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily Prooflast_img read more

Xstrata says financial position “strong”

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times John Dunne whatsapp Share whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgcenter_img Xstrata says financial position “strong” Tuesday 19 October 2010 3:35 am Show Comments ▼ Miner Xstrata posted mixed third quarter production data and said financial performance was strong as metals prices remained healthy.“Xstrata’s operating and financial performance continues to be strong and the company’s financial position remains robust,” a statement said.The Anglo-Swiss group also released the first resource estimate for the West Wall copper project, a 50:50 joint venture with Anglo American, showing it contained four million tonnes of copper.“These latest successful exploration results confirm that the West Wall project represents an important discovery with the potential to contribute to Xstrata Copper’s project development pipeline in Chile,” a statement said.Copper is the group’s most important product, accounting for 43 per cent of first-half operating profit, while coal is second, making up 32 per cent.Xstrata said production of mined copper increased 10 percent to 233,647 tonnes during the three months to the end of September due to improved mining rates and grades.Consolidated coal output fell five per cent to 21.9m tonnes following planned mine closures in Australia and South Africa and bad weather in Colombia.Xstrata more than doubled first-half earnings per share on higher metals prices when it reported in August, saying at the time it would pump over $5bn (£3bn) into new mines.The trend of strong prices has largely continued through the third quarter, with copper prices up 24 per cent compared with a year ago, Australian coking coal 53 per cent higher and ferrochrome 46 per cent stronger.Zinc in concentrate output fell by 10 per cent due to lower production at the Brunswick and Mt. Isa mines.Mined nickel production jumped 21 per cent to a record 16,174 tonnes due to output from its new Rim South mine. Tags: NULLlast_img read more

Government announces £7bn more savings on welfare budget

first_imgWednesday 20 October 2010 8:04 pm Share THE chancellor announced a fresh crackdown on benefit fraud yesterday as well as a further £7bn of cuts to the welfare budget on top of the £11bn savings announced in June.George Osborne said the current “complex” system of means-tested working age benefits and tax credits will gradually be replaced by a universal credit that would “sharpen” work incentives and reduce fraud and error.But low income families with children would be protected from the effects of the “essential savings” through an above inflation increase of £30 in 2011 and £50 in 2012 to child tax credit. The welfare reforms included freezing working tax credit for three years while the mobility component of the Disability Living Allowance would also be removed. Tags: NULL whatsapp whatsapp Show Comments ▼ KCS-content Government announces £7bn more savings on welfare budget Read This NextThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap last_img read more

CITY MOVES | WHO’S SWITCHING JOBS

first_img Tags: NULL Matrix GroupMatrix, the financial services firm, has announced the appointment of a new chief operating officer for asset management: Paul Bramley. Bramley has worked in financial services for more than 20 years, including occupying previous COO and chief financial officer roles. He is also a qualified chartered accountant and has worked at NatWest Markets, Kidder, Peabody and Merrill Lynch International.BoA Merrill LynchBank of America Merrill Lynch Global Research has appointed Athanasios Vamvakidis to be head of European G10 forex strategy, reporting to David Wood. Vamvakidis will be responsible for leading the G10 forex marketing effort as well as covering the subject and will be based in London. He joins the company from the International Monetary Fund where has spent the last 13 years, most recently as a deputy division chief. GleedsManagement consultancy Gleeds has appointed Peter Kelland as a director in Gleeds Advisory. He will be building on 32 years’ experience in tax advice, having worked at Crosher & James. He will now be responsible for several client portfolios and for developing relationships and drumming up new business. SEIFormer Barclays Wealth head of UK asset management David Simpson has moved over to SEI to be senior business development director. The position is newly created in order to enable the firm to react to interest from global businesses and insurance companies. Simpson has spent 22 years in financial services, having been responsible for the management and development of retail services for Barclays Wealth in the UK and Europe.American Century InvestmentsSimon Chester has joined American Century Investments as VP and senior corporate analyst. He will be responsible for providing credit analysis on European and UK issuers and will be based in the London office. Formerly, Chester has spent nine years as a senior credit analyst as Western Asset Management Company, specialising in Europe. Previously, he has worked at ABN AMRO Bank, NatWest and First National Bank of South Africa. CITY MOVES | WHO’S SWITCHING JOBS whatsapp whatsapp Monday 22 November 2010 7:14 pmcenter_img KCS-content Share Show Comments ▼last_img read more

EUROZONE BONDS

first_imgMonday 6 December 2010 9:07 pm Show Comments ▼ whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNight DailyHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeNight DailyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropJournalPregnant Woman Takes a Nap – You Won’t Believe What She Discovered When She WokeJournalBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUpbeat NewsThese 25 Celebrities Ruined Their Career in a Matter of MinutesUpbeat News Q.WHY ARE SOME LEADERS CALLING FOR EUROZONE BONDS?A. Leaders in Luxembourg and Italy have called on the Eurozone to issue joint bonds in order to stop the euro crisis in its tracks and signal the political commitment to the single currency. They see fusing the Eurozone’s debt markets as a way to combat the punitive bond markets.Q.WHAT ARE THE LEGAL BARRIERS TO EURO BONDS?A. Recent treaties do give the European Commission power to issue joint bonds in cases of emergency, but there is no reference to the creation of permanent euro-bonds for everyday sovereign funding. German chancellor Angela Merkel has said that current EU treaties don’t allow for single Eurozone bonds.Q.WHAT ARE THE POLITICAL BARRIERS?A. The Netherlands, Germany and Austria are all firmly opposed to the idea. It is likely to be a political hot potato domestically because it would involve more fiscally disciplined states paying more while more indebted countries would pay less, on top of having to pay for international bailouts. It would also require governments to surrender further powers over their budgets to Eurozone governance because countries with large deficits would raise the cost of borrowing for everyone else. Tags: NULLcenter_img More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Share whatsapp KCS-content EUROZONE BONDS last_img read more

General Electric set to agree bid for UK services firm Wellstream

first_img General Electric set to agree bid for UK services firm Wellstream KCS-content Tags: NULL Show Comments ▼ Sunday 12 December 2010 11:03 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldcenter_img More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org whatsapp whatsapp Share US conglomerate General Electric (GE) is said to have agreed a £755m-plus takeover of the UK oil and gas services group Wellstream.Wellstream previously rejected GE’s offer of 750p, which valued the UK firm at £755m, as too low.However, the latest deal, agreed in the last few days, is reportedly higher than 750p a share but less than 800p.Wellstream, which makes flexible pipes used by oil companies in deep water, has a manufacturing facility in Brazil. This has been a key attraction for potential buyers because the country is keen for locally produced materials to be used in extracting its billions of barrels of oil reserves.The agreed deal, reported by the FT, is GE’s second substantial energy sector acquisition in two months.Wellstream refused to comment. last_img read more

Mouchel rejects £119m Costain bid

first_imgWednesday 22 December 2010 2:49 am whatsapp Share Mouchel rejects £119m Costain bid whatsapp Engineering group Costain has confirmed that outsourcing company Mouchel has rejected an approach it made for the business, valuing it at £119m.Costain said it contacted Mouchel’s board on 2 December, and the approach was turned down on 6 December.The offer comprised 0.5135 new Costain shares for each Mouchel share, valuing Mouchel shares at 105.8p.Mouchel had already said it had received a preliminary takeover offer, but did not name the interested party.Costain said it was now uncertain whether it would make a formal bid.Mouchel’s operations include half-ownership of Enterprise Mouchel, which has a contract to grit roads in south London. Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof Show Comments ▼ John Dunne Tags: NULLlast_img read more