The two firms are currently in preliminary discussions.
Both firms believe the merger has the potential to create a market leading services, investments, and construction business of considerable depth and scale.
-- Advertisement --
Work is now underway to develop a strategy and outline business plan for a combined entity, underpinned by the evaluation of achievable synergies, future financing arrangements and a number of other essential supporting workstreams.
No final decision has been made.
(CD/JP)
