Related Links: Balfour Beatty May Sell Parsons Brinckerhoff Amid Downgraded Profit Outlook Shedding its chief executive in May and reporting big profit shortfalls in Britain, Balfour Beatty plc, London, now is considering a merger proposal from Carillion PLC, a smaller, U.K.-based competitor. The joint company would have global sales exceeding $20 billion, with substantial construction and support-services businesses in the U.S. and Canada.The two companies confirmed market rumors of merger talks after the close of the London Stock Exchange on July 24. According to U.K. merger rules, they must decide whether to go ahead by Aug. 21.A possible combination would
Arch dams, classically curved monoliths situated in narrow valleys, are not as common as other types of dams, such as embankment dams and gravity dams. ENR takes a look at some of the biggest arch dams in the world, both completed and under construction.