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Bovis (company)
Bovis is a construction business in the United Kingdom. Founded in 1885, it was subsidiary of P&O from 1974, was acquired by Lendlease in 1999 and renamed Bovis Lend Lease. The brand was retired in 2011 in favour of Lendlease Project Management & Construction. After the United Kingdom business was sold to Atlas Holdings in 2025, the Bovis name was revived. History Bovis Construction was founded as C. W. Bovis & Co by Charles Bovis in London in 1885. In 1908 it was acquired by Samuel Joseph and his cousin, Sidney Gluckstein. Bovis was one of the few construction companies to go public in the 1920s, during which time it developed an extensive retail clientele, by far the most important and long lasting of which was Marks & Spencer. Central to the relationship with Marks & Spencer was the pioneering Bovis System contract, designed to bring the interests of the contractor and client together. The Bovis System paid the builder the prime cost of the work plus an agreed fee to cover ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lendlease Project Management & Construction
Lendlease is an Australian multinational construction and real estate company, headquartered in Barangaroo, Sydney, New South Wales. History Founding The company was established as Lendlease by Dick Dusseldorp in 1958 to provide finance for building contracts being undertaken by Civil & Civic. In 1961, the company acquired Civil & Civic from Bredero's Bouwbedrijf. Lendlease first listed on the ASX in 1962. Operations expanded to the United States in 1971 and to Singapore in 1973. In 1982, Lendlease acquired 50% of MLC and in 1985 acquired the balance of the company. MLC's multi-manager, multi-style investment philosophy was introduced in 1986. It was later sold to National Australia Bank in the year 2000 for $4.56 billion, one of the biggest mergers in Australian corporate history. Expansion and major acquisition In 1999, the company formed Actus Lendlease with the acquisition of Actus Corporation's MILCON and technical service construction management business, and augm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reverse Takeover
A reverse takeover (RTO), reverse merger, or reverse IPO is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. Sometimes, conversely, the public company is bought by the private company through an asset swap and share issue. The transaction typically requires reorganization of capitalization of the acquiring company. Process In a reverse takeover, shareholders of a private company purchase control of a public shell company/ SPAC, and then merge it with the private company. The publicly traded corporation is called a "shell," since all that exists of the original company is its organizational structure. The private company shareholders receive a substantial majority of the shares of the public company and control of its board of directors. The transaction can be accomplished within weeks. The transaction involves the private and shell company exchanging information on each other, negot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mace (construction Company)
Mace Group Ltd, commonly known as Mace, is a global construction business headquartered in London employing nearly 7,300 people, across five continents, and with a turnover of around £2 billion. History The company was founded by a group of construction and architecture professionals, led by Ian Macpherson, who left Bovis in 1990 hoping to bring in a more collaborative way of working in the traditionally combative construction industry. It prohibited its subcontractors from falsely claiming staff were self-employed. During 1997, Mace beat Bovis to be appointed as the project and construction manager on British Airways' Waterside headquarters at Heathrow. Other early construction projects undertaken by the company included the London Eye and The Venetian. The firm engaged in PFI projects and post privatisation railway work. In 2009, Mace contracted to build The Shard, the tallest building in London, at a fixed price. In 2021, it completed a ferris wheel in Dubai nearly twice ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Independent
''The Independent'' is a British online newspaper. It was established in 1986 as a national morning printed paper. Nicknamed the ''Indy'', it began as a broadsheet and changed to tabloid format in 2003. The last printed edition was published on Saturday 26 March 2016, leaving only the online edition. The daily edition was named National Newspaper of the Year at the 2004 British Press Awards. ''The Independent'' won the Brand of the Year Award in The Drum Awards for Online Media 2023. History 1980s Launched in 1986, the first issue of ''The Independent'' was published on 7 October in broadsheet format.Dennis Griffiths (ed.) ''The Encyclopedia of the British Press, 1422–1992'', London & Basingstoke: Macmillan, 1992, p. 330. It was produced by Newspaper Publishing plc and created by Andreas Whittam Smith, Stephen Glover and Matthew Symonds. All three partners were former journalists at ''The Daily Telegraph'' who had left the paper towards the end of Lord Hartwell' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Stock Exchange
The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral. Since 2007, it has been part of the London Stock Exchange Group (LSEG, which the exchange also lists (ticker symbol LSEG)). Despite a post-Brexit exodus of stock listings from the LSE, it was the most valued stock exchange in Europe as of 2023. According to the 2020 Office for National Statistics report, approximately 12% of UK-resident individuals reported having investments in stocks and shares. According to a 2020 Financial Conduct Authority report, approximately 15% of British adults reported having investments in stocks and shares. History Coffee House The Royal Exchange, London, Royal Exchange had been founded by the English financier Thomas Gresham and Sir Richard Clough on the model of the The Belgian bourse of Antwerp, An ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Spin-off
A corporate spin-off, also known as a spin-out, starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. It is distinct from a sell-off, where a company sells a section to another company or firm in exchange for cash or securities. Characteristics Spin-offs are divisions of companies or organizations that then become independent businesses with assets, employees, intellectual property, technology, or existing products that are taken from the parent company. Shareholders of the parent company receive equivalent shares in the new company in order to compensate for the loss of equity in the original Capital stock, stocks. However, shareholders may then buy and sell stocks from either company independently; this potentially makes investment in the companies more attractive, as potential share purchasers can invest narrowly in the portion of the business they t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia. It constitutes the southern half of the Korea, Korean Peninsula and borders North Korea along the Korean Demilitarized Zone, with the Yellow Sea to the west and the Sea of Japan to the east. Like North Korea, South Korea claims to be the sole legitimate government of the entire peninsula and List of islands of South Korea, adjacent islands. It has Demographics of South Korea, a population of about 52 million, of which half live in the Seoul Metropolitan Area, the List of largest cities, ninth most populous metropolitan area in the world; other major cities include Busan, Daegu, and Incheon. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Gojoseon, Its first kingdom was noted in Chinese records in the early seventh century BC. From the mid first century BC, various Polity, polities consolidated into the rival Three Kingdoms of Korea, kingdoms of Goguryeo, Baekje, and Sil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Construction News
''Construction News'' is a monthly publication, plus digital and events services, primarily targeting the United Kingdom construction industry. History Early history The magazine was first published as ''Labour News'' on 30 August 1871, having been founded by Victorian reformer Alsager Hay Hill to try to ease the blight of unemployment by printing information about job vacancies. It became ''Construction and Labour News'' on 14 March 1963, and just over a year later (9 April 1964) was first published under its current title. Emap Prior to its acquisition for £7.6m by Emap in August 1995, ''Construction News'' and its related media interests was owned by the Thomson Corporation Thomson Corporation was one of the world's largest information companies. It was established in 1989 following a merger between International Thomson Organization and Thomson Newspapers. In 2008, it purchased Reuters Group to form Thomson Reut .... At that time, the publication had a paid-for circul ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Building (magazine)
''Building'' is one of the United Kingdom's oldest business-to-business magazines, launched as ''The Builder'' in 1843 by Joseph Aloysius Hansom – architect of Birmingham Town Hall and designer of the Hansom Cab. The journal was renamed ''Building'' in 1966 as it is still known today, and is the only UK title to cover the entire building industry. History ''The Builder's'' first two editors, Hansom and Alfred Bartholomew (1801–1845), did not last long in the job. The architect George Godwin (1813–1888) was editor from 1844 to 1883, and turned ''The Builder'' "into the most important and successful professional paper of its kind with a readership well beyond the architectural and building world." Godwin apparently wrote most of the content himself, relying on a staff of just five people. His successor, Henry Heathcote Statham (1839–1924), edited the journal from 1883 to 1908. Rival publication ''The British Architect and Northern Engineer'', founded as ''The British ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frank Lampl
Sir Frank William Lampl (6 April 1926 – 23 March 2011) was a Czech-born British businessman. He led the British building firm Bovis during a 15-year period as Chairman and Chief Executive Officer. Career Lampl was born in Brno, Czechoslovakia, into a cultured Jewish land-owning family. He was the son of prominent Austrian lawyer Otto Lampl (1887–1934) and his wife, Olga Jelinek Lamplová. His mother was murdered in Auschwitz in 1944. Lampl was the only member of his immediate family to survive the war. He spent his teenage years as a prisoner in the Theresienstadt ghetto and Auschwitz and Dachau Nazi concentration camps, and his first construction job was as a slave labourer on an underground camp in Kaufering auxiliary camp of Dachau. After World War II, Lampl resumed his studies in Brno (Brünn) and inherited property from his murdered family. But after the communist takeover he was denounced as a bourgeois undesirable and sentenced to imprisonment in the uranium mi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NatWest
National Westminster Bank, trading as NatWest, is a major Retail banking, retail and commercial bank in the United Kingdom based in London, England. It was established in 1968 by the Corporate merger, merger of National Provincial Bank and Westminster Bank. In 2000, it became part of The Royal Bank of Scotland Group, which was re-named NatWest Group in 2020. Following ringfencing of the group's core domestic business, the bank became a direct subsidiary of NatWest Holdings; NatWest Markets comprises the non-ringfenced investment banking arm. NatWest International is a trading name of RBS International, which also sits outside the ringfence. Between 2008 and 2025, the UK government held a stake in NatWest Group following its £45 billion ($61.87 billion) bailout of the lender which led to it owning 84 per cent at one point. The bank returned to full private ownership on 30 May 2025 after 17 years. NatWest is considered one of the Big Four (banking)#United Kingdom, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
