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Thursday June 11, 10:31 AM
AMEC in talks to buy Australia's GRD

LONDON (ShareCast) - Engineer and project management giant AMEC (LSE: AMEC.L - news) today confirmed it has made a conditional offer
to buy Australian engineering services company GRD.

"GRD is an independent listed Australian engineering and development company which would complement AMEC's operations in the mining sector," said AMEC in a company statement.

AMEC said that while it was in discussions with GRD, the proposal remains conditional and as such, there is no certainty that a formal offer will be made.

Further announcements will be made as appropriate, said AMEC.

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