Kier, ISG and Rok vie to snap up William Verry contracts

摘要

Failed contractor William Verry looks set to be broken up and sold to the group of firms circling it.rnAs Building went to press, John Gibson, chairman of the £100m-turnover company, confirmed that his firm was heading for administration.rnIt is understood that predators circling the London-based firm, which include Rok, Kier and ISG, are more interested in buying contracts than taking over the whole company.rnA source at one of the bidders said: "There's no way we'd bid for the whole lot - I don't think there's a business there to recover. What you have is a series of incomplete contracts that can be taken over.