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Bank pressure causes mergers

By: Language: English Series: Building ; 256(7714) 27 September 1991, 8(1)Publication details: 1991Subject(s): Summary: The City is preparing itself for a number of mergers among top construction companies during the next six months as banks encourage firms to strengthen their balance sheets and predators take advantage of the current low stockmarket value of certain groups. Includes a list vulnerable companies.

The City is preparing itself for a number of mergers among top construction companies during the next six months as banks encourage firms to strengthen their balance sheets and predators take advantage of the current low stockmarket value of certain groups. Includes a list vulnerable companies.