March 8, 2018 / 1:16 PM / 5 months ago

BRIEF-BGIS Will Not Proceed With Carillion Agreement

March 8 (Reuters) - BGIS:

* BGIS PROVIDES UPDATE ON UK TRANSACTION

* SAYS AGREEMENT TO ACQUIRE PORTFOLIO OF CARILLION FACILITY MANAGEMENT CONTRACTS IN U.K. WILL NOT BE PROCEEDING​

* SAYS CARILLION ‍AGREEMENT WILL NOT BE PROCEEDING AS CERTAIN CLOSING CONDITIONS HAVE NOT BEEN MET​

* SAYS WHILE CO IS DISAPPOINTED WITH CARILLION DEAL NOT PROCEEDING, CONTINUE TO PURSUE OPPORTUNITIES TO GROW GLOBAL BUSINESS INTO U.K. Source text for Eikon: Further company coverage:

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