Monday, Carillion Plc (CLLN.L) said it has entered into an agreement for the sale of its environmental consultancy business, Enviros, to engineering, sciences and project delivery firm, Sinclair Knight Merz, for a net cash consideration of some £27 million, subject to completion balance sheet adjustments.
Carillion stated that it will use the sale proceeds to reduce net borrowing, in line with its objective of reducing this at the year end to below the half-year level of £146.0 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.