Carillion Deal Collapses

Canadian Real Estate and Facilities Management company BGIS has pulled out of a deal to buy a large percentage of Carillion public sector contracts. The contracts were centred around hospitals, education, transport, emergency and transport. In the announcement that came Thursday 08/03/2018, it stated that “certain closing conditions have not been met.”

“While we are disappointed at this outcome, we are continuing to pursue opportunities to grow our global business into the UK and welcome continued dialogue with prospective customers as we build out our platform for future growth opportunities,” said Gordon Hicks, chief executive of BGIS