Consultant Mouchel this week announced it had agreed a ￡170M deal with its banks to take it through to 31 March 2014. The announcement comes as the firm attempts to fight offtake-over bids from several contractors. Costain has made three attempts to buy the firm over the past two months and now C aril-lion, Balfour Beatty and Capita are understood to be planning bids. Contractor Costain last week upped the ante in its battle for consultant Mouchel with a third cash and shares bid worth more than ￡170M (News last week).
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