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The original owner of a multi-billion-dollar resort complex in the Bahamas and an indirect subsidiary of the world’s largest construction company have resolved their dispute
Construction buyers reported another contraction in activity in November but the rate of decline has started to ease
Hochtief will build what is described as Europe’s largest lithium production project, supporting supply for an estimated 500,000 electric vehicles each year.
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Deal would have created UK’s largest infrastructure investment firm with combined net assets of more than £5.3 billion
Contractor expects 2025 revenue to rise 5%, supported by major projects such as HS2 and Hinkley Point C, and strong US order intake across buildings and civils
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Neil Gerrard
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Tel: +44 (0) 7355 092 771
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