Share Name Share Symbol Market Type
Vinci EU:DG Euronext Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.67 € +0.88% 76.79 € 76.50 € 77.35 € 77.33 € 76.10 € 76.40 € 1,168,633 03:11:26

Balfour Beatty VINCI JV Gets HS2 Contracts Valued at GBP2.5 Billion

17/07/2017 9:47am

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By Razak Musah Baba

 

LONDON--Balfour Beatty PLC's (BBY.LN) VINCI joint venture has received two contracts worth a total 2.5 billion pounds ($3.22 billion) for High Speed 2, the proposed high-speed railway linking London, Birmingham, the East Midlands, Leeds and Manchester.

The international infrastructure group said together with VINCI Construction it will deliver on a two-part design-and-build contract.

Main construction work is scheduled to start in 2018-19, following a period of detailed design work, Balfour Beatty said.

 

-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

 

(END) Dow Jones Newswires

July 17, 2017 04:32 ET (08:32 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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