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John Laing Fund Lobs $1.6B Bid For Balfour's PPP Portfolio

By Linda Chiem (December 1, 2014, 4:05 PM EST) -- European infrastructure investor John Laing Infrastructure Fund Ltd. confirmed Monday that it is launching a £1 billion ($1.57 billion) cash bid for a unit of British construction and infrastructure firm Balfour Beatty PLC that invests in public-private partnerships....

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