Peel pushes case for Harworth takeover despite previous rejection

The new offer represents a 36.9% premium to the company’s one-month volume-weighted average share price and a 36% premium to its three-month equivalent. The post Peel pushes case for Harworth takeover despite previous rejection appeared first on Property Week.

Collapsed cladding firm’s directors ‘owe liquidators £600k’

The directors of a collapsed construction cladding firm have been asked to repay more than £600,000 following an investigation into transactions made before its collapse. M Price Group Ltd’s two directors have been sent a solicitors’ letter after insolvency specialist Seneca IP said they failed… The post Collapsed cladding firm’s directors ‘owe liquidators £600k’ appeared first on Construction News.

Construction costs rose 7.4% annually in July

Contractors will still likely face additional input price jumps in the months ahead, especially as fuel and other materials prices swell, according to economists.

Harworth rejects unsolicited £583m takeover offer from Peel

The company's board said the offer had been “opportunistically timed to take advantage of a material dislocation between Harworth’s share price and the value of its underlying assets”. The post Harworth rejects unsolicited £583m takeover offer from Peel appeared first on Property Week.

West Yorks councils put a price to road works

Leeds, Wakefield, and Kirklees councils in West Yorkshire will launch lane rental schemes later this year, charging utility companies and others up to £2,500 per day to work on key routes.

YFTB: Case Study 2 - Little Experience with No Capital

YFTB - Development Lending, Little Experience with No Capital.

Should we award the contract to the subcontractor with the lowest price, even though their previous safety record on our projects is poor