Author: Paromita Dey

This year’s Construction Innovation Forum in association with Cimolai Rimond will take place on April 25 at the Westin Mina Seyahi hotel in Dubai. Held under the patronage of the UAE Ministry of Infrastructure Development, the event will gather more than 150 construction industry leaders from across the region to discuss the key issues, trends and challenges facing construction companies in the Gulf today. Du is the platinum ally for the Forum, hosted by Construction Business News Middle East, while Hill International and developer ARADA have signed up as Gold allies. Attendees at the Forum will enjoy a morning of topical…

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SNC-Lavalin Group has offered to buy WS Atkins in a deal that values the the British engineering and consultancy firm at around $2.6bn. The Canadian firm’s all-cash offer of 2,080 pence per share represents 35 percent premium to Atkins’ Friday close at 1,540 pence. “The board of Atkins has indicated to SNC-Lavalin that the possible offer would deliver value to Atkins shareholders at a level that the board would be prepared to recommend, subject to reaching agreement on the other terms and conditions of the offer,” Atkins said in a statement. The boards are discussing other terms and conditions of…

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