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babcock
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Small Talk: Renewables group eyes higher profile with London listing
On the management front, JLIF is chaired by Paul Lester, the chief executive of the privately owned road fuel supplier Greenergy and the former chief executive of VT Group, which he led from July 2002 until it was taken over…
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Hesketh quits Babcock after attack on carrier deal
Babcock distanced itself from the remarks, characterising them as "personal comments which do not in any respect reflect the views of the company" and said that, along with its partners, it was "focused on delivering this… -
Lord Hesketh quits Babcock over aircraft carrier comment
Babcock, which is building the carriers at its shipyard in Rosyth, revealed he was stepping down with immediate effect following the comments in The Daily Babcock issued a statement earlier today distancing itself from Lord… -
Market Report: Takeover spotlight hits Jardine Lloyd Thompson
The brokers were lining up to support BAE's second-tier rival Babcock International, which had "buy" ratings from four houses including Panmure Gordon and Seymour Pierce. Caroline de La Soujeole, of Seymour Pierce, said the… - View babcock visually. Visit the NewsWall.
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Market Report: Traders look to the Fed for holiday season boost
On the mid tier, Babcock International was among the stand-out performers after a positive note from Execution Noble. We believe Babcock has several prospects which offset this risk: in particular, we believe there is… -
Market Report: Age of austerity sparks concern about Babcock
Merrill also voiced disquiet about the company's recent acquisition of VT, arguing that while the deal made "sound strategic sense", Babcock had "paid a full price". We see the deal as around 10 per cent [earnings] accretive… -
A few businesses find one man's poison is another man's meat
But the fiscal tightening is not likely to affect groups such as Babcock, which work under vital contracts, including the maintenance of nuclear facilities. Groups that offer so-called business process outsourcing (BPO) –… -
The Week Ahead: Intercontinental to find room for optimism
Results/updates: Aviva, Enterprise Inns, Inmarsat, Southern Cross Healthcare, Serco, TUI Travel, Easyjet, Babcock International, Intercontinental Hotels. Numis anticipates news of strong earnings growth from the defence… -
Amec in US tie-up for Dounreay
The consortium's main rival is expected to be a venture including US construction group, CHM Hill, and Babcock International-owned UKAEA, of which Amec had been a member until it was forced out this year. -
UK's £73bn nuclear clean-up is fast-tracked
Initially the consortium's three parties – Amec, Babcock International-owned UKAEA, and US group CHM Hill – were to have equal stakes in Pentland. It is understood that Babcock asked Amec to take a smaller equity stake, a…
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Jarvis contracts change hands
It is rumoured that Babcock, the support-services giant, has taken over some of Jarvis's rail-track renewal work. They are part of a consortium that owns equity stakes in schools and hospitals contracts run by Jarvis… -
Ministry of Defence signs off £10bn contracts
The contract runs until March 2014 and will sustain more than 100 jobs at BAE and its subcontractors, Babcock Defence And it also signed a 15-year support agreement for ships and submarines with Babcock Marine. -
The Week Ahead: Tough quarter expected from Mothercare
TOMORROW There should be few surprises when Babcock, the support services group which recently made an agreed bid for rival VT, issues an update tomorrow morning, with Panmure Gordon pointing out that the company has already… - View babcock visually. Visit the NewsWall.
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BAE signs £127m deal to design new frigates for the Navy
The MoD also yesterday signed a 15-year support agreement for ships and submarines with Babcock Marine. The MoD also yesterday signed off the building of a fifth of BAE's Astute-class submarine and the early procurement… -
Babcock reels in rival VT with higher offer
But Babcock has come back with a higher offer after two weeks studying VT’s books in a bid indentify synergies above the £27m a year it originally thought a tie up between the companies could generate.