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Fri June 18 2021

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BAM seals deal with Bilfinger Berger

24 Apr 12 Royal BAM Group has closed the deal to sell consultancy and engineering firm Tebodin to Bilfinger Berger.

The transaction, which was announced two months ago, is in line with the group’s strategic agenda to increase the focus on its core business activities and to strengthen its financial position.

The transaction results in a profit contribution of approximately €65m (£53m) in 2012. The proceeds will be used to reduce group net debt.

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