Mouchel Shuns Costain in Takeover Talks

Daily PostFebruary 25, 2011

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Summary


PROFESSIONAL services group Mouchel is in exclusive talks with a potential bidder - but not the builder, Costain, which has led a high-profile campaign to buy the company over the past three months.

The firm, which has several offices on Merseyside and is in the process of closing its Cunard Buildings operation this summer, has previously resisted approaches, insisting its future lay as an independent organisation. Mouchel recently successfully completed new banking facilities and said the board considered the group had a strong future in its own right.

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Extract


Mouchel Shuns Costain in Takeover Talks

But yesterday it said it had selected one of ...

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