Wilson Bayly Holmes-Ovcon has made an all-share takeover offer for construction company Concor at a ratio of 1 WBHO share for every 1.5 Concor shares
The race is now on between Murray & Roberts and Wilson Bayly Holmes-Ovcon to conquer smaller rival Concor
Construction analyst Llewellyn Lewis has long preached that 'something enormous is happening to the building and construction industry'
PUBLIC Works Minister Stella Sigcau said yesterday that 30% of the construction industry should be required to be in black hands by 2008, and the figure should be increased to more than 45% from 2009 onwards.
WBHO and Group Five emerge as star performers, but bigger companies take a hit from dodgy contracts in Africa.
Wilson Bayly Holmes-Ovcon makes the contracting business look easy - until you look at the performance of its peers in the construction sector

eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.