Kier Takeover Rumours (KIE)

Just wait and see if K doesn't use its current share price to tap the market to raise cash for a takeover and boost cash.

Https://www.constructionenquirer.com/2024/02/22/morgan-sindall-delivers-another-record-year-of-profit/ The issues raised by MS about supply chain failure is one I've raised in the past. As more big construction firms boost their cash at bank, I do wonder why K needs a debt facility circa £511m? Are they prpping for a takeover of say Tilbury Douglas or ISG or?