Shedding its chief executive in May and reporting big profit shortfalls in Britain, Balfour Beatty plc, London, now is considering a merger proposal from Carillion PLC, a smaller, U.K.-based competitor.
Balfour Beatty plc, the U.K.-based global construction giant, announced on Sept. 17 it would acquire U.S. engineering stalwart Parsons Brinckerhoff for $626 million.