HS2 contract safe say Carillion’s former joint venture partners
The HS2 project awarded to collapsed construction group Carillion is safe, its partner in the joint venture has said.
Fellow constructor Kier, which was JV partner alongside Carillion and Eiffage, said the two remaining partners in the venture would now deliver the contract on a 50/50 basis.
In addition, all the Carillion employees involved in the planned venture have been offered the chance to transfer to the new partnership.
In a trading update designed to reassure investors in the wake of the Carillion collapse, Kier said ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
