Looking on the brighter side of life, if this gets the green light, he can at least get the shell of it done at 'mates rates'! Whether we will fill it in the NPC remains to be seen! http://www.standard.co.uk/business/...ns-in-britain-with-concrete-deal-8323293.html Mittal lays foundations in Britain with concrete deal Britainâs richest man, steel magnate Lakshmi Mittal, has made his first personal acquisition in the UK after agreeing to buy one of the countryâs largest concrete plants in a £272 million deal with the UKâs Tarmac and Franceâs Lafarge. In a deal that represents a vote of confidence in the UK, Mittal will acquire 172 readymix concrete plants and five aggregates quarries, as well as the Hope cement plant in Derbyshire. A spokesman for Mittal said: âWe have confidence in the future growth of the UK economy and, more specifically, the construction sector. As the UK moves out of recession we expect to see a recovery in construction activity.â Mittal, the ArcelorMittal chief executive whose 41% stake in the steel giant is the main contributor to his £12.3 billion fortune, already owns about a third of Queens Park Rangers football club and a stake in Ophir, the London-listed Tanzania-focused oil explorer. But todayâs deal represents the first time that Mittal, whose lavish £57 million Kensington home was the worldâs most expensive house when he bought it from Formula One boss Bernie Ecclestone eight years ago, has bought UK-based operations in their entirety. The deal also includes Anglo American-owned Tarmacâs 50% stake in Midland Quarry Products, one of the UKâs biggest suppliers of hard rock and asphalts. Mittal told the Evening Standard in the summer that he âwould love to do business in the UK if there are opportunities hereâ and, from the various businesses he bought in todayâs deal, he plans to create a new cement, aggregates, asphalt and readymix business with 800 staff in 200 locations across the country. Its name will be announced after the deal completes. Tarmac and Lafarge are selling the businesses to Mittal to satisfy a condition set by the Competition Commission to merge their building activities in the UK. Mittal who shot to national prominence this year thanks to the 115 metre high ArcelorMittal Orbit sculpture in the Olympic Park, is set to lose about £217 million in dividends after proposing this month to slash investor payouts by nearly three quarters next year. The move came after the company fell into the red in the third quarter as slowing demand from China and the continuing eurozone crisis dragged down the bottom line.
Don't hold your breath Sku. If his record elsewhere is anything to go by, a good chunk of these facilities will be closed down, then he will quietly forget to clean up the hugely polluted redundant sites.
For starters an awful lot of concrete required to cover and hide Bartons ego alone, then several thousand cubic metres to rid ourselves of the "dead-wood" hanging around the club and finally would the budget stretch to burying hughes up to his neck outside our new stadium so we can all kick balls at his head in an experiment suggested by old whiskey nose that a ball to the bonce can actually kill someone, this experiment could be conducted by passing hoops fans paying £1-00 a pop for the privelege thus recouping some of the outlay on mittals behalf.
