AMEC plc announced on November 24 that it has begun the process of selling AMEC Spie, following a review of the group’s options for long-term growth.
The board believes that AMEC Spie would be best able to participate in industry consolidation outside AMEC. The sale will be completed in the spring, and proceeds are expected to ’significantly exceed book value’ of £280m at June 30 2005.
INDIA: Spain’s Ministry of Transport & Sustainable Mobility has signed a memorandum of understanding to support Indian Railways in developing and upgrading its network. The initial agreement runs for five years, when a number of pilot projects are envisaged, to be followed by automatic annual renewals. ...
UK: The annual Rail Business Awards which recognise and reward excellence across every aspect of the industry will be back in Manchester in 2025.
INTERNATIONAL: ‘Beware of trains. Life can change in a split second’ is the slogan for the 16th International Level Crossing Awareness Day, which this year has a particular emphasis on the safety of vulnerable people. Around 50 countries take part in the annual ILCAD campaign which ...
