Vertical integration, labor shortages and increasing interest from private equity firms are among key drivers of mergers and acquisitions, new survey says.
Milan-based Salini Impregilo S.p.A. has named Goldman Sachs to advise on the possible sale of the $600-million-a-year paving unit of its U.S. subsidiary Lane Construction Corp.
US engineer's board rejects the London-based giant's bid, which would require halting a planned buy of CB&I, but the offer may rise. One analyst is not keen on the counter offer.
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