Recent articles for private investors with a focus on dividend announcements
G4S Aquisition and Rights Issue
Shares in G4S (GFS) fell 13% as it announced a £5.2 billion acquisition of ISS. There will be a £2 billion rights issue.
Precis of Dividend article in the times
An article appeared in the times today entitled 'Rising Dividends put a wry smile on investors faces'
AMEC wins BP contract
BP and it's partners has appointed Engineering and project management giant AMEC to work on the main platform design for Clair Ridge, the second phase of the giant Clair oil field, west of Shetland.
The work is valued at £150 million and follows on from AMEC's successful completion of the conceptual engineering studies and the define phase of the Clair Ridge project. All are part of BP's existing global agreement with AMEC.
The award will see AMEC deliver detail design, follow-on engineering, site support, plus procurement, supply chain services, materials management and information management services for the whole project. The work will be carried out by a combined team of 600 technical experts based in AMEC's London offices.
"As well as creating hundreds of UK jobs, the development will help to ensure jobs in the industry and the UK's energy security in the future,” said Neil Bruce, chief operating officer of AMEC.
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