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News: Vinci

Construction and finance giant Vinci, parent of UK contractor Norwest Holst, has succeeded in a friendly takeover bid for French firm GTM Group. Norwest made a pretax profit of £7.2M on £187.8M turnover in the six months ending 30 June. This compares with pretax profits of £4.1M on £174.4M turnover in the same period last year.

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