News Headline Summary

Balfour Beatty (BBY LN) confirms that it is now exploring new options for business

- Exploring strategic options for UK facilities management business.

Reaction details:

- Co. shares initially spiked 1.72% as participants perceived this announcement as a sale of Co., however after clarification that it was for its UK facilities management business shares are back at pre-announced levels.

Print 15:53, 01 Feb 2013 - UK Equities - Source: Newswires