Bouygues Nets Brit Construction Group In UK Expansion

Law360, New York (April 10, 2012, 5:58 PM EDT) -- A British unit of European building giant Bouygues Construction SA inked a deal Tuesday to acquire a U.K. construction group expected to generate more than £200 million ($316.7 million) in revenue this year.

Bouygues Bâtiment International will take over the Thomas Vale Group, which specializes in new construction and refurbishment within both the public and private arenas, according to a statement Bouygues UK issued Tuesday.

Bouygues did not disclose the value of the acquisition or financing terms. Representatives for the companies were not immediately available for...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.