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AMEC and Spie
Mr Mason told Mark that AMEC had pulled out of the consortium, which was being led by a French company called Spie-Batignolle. Mark said oh, that’s interesting, does AMEC have any shares in Spie? Peter Mason said yes. Mark said how much? Peter Mason said oh, 46%… It seems that AMEC have a 46% stake in the company that are planning to build the Yusufeli dam.
"AMEC has been part of the civil joint venture, which is being led by French company, SPIE Batignolles TP (in which AMEC has a 46% share)..." Not only that, it seems that they have their eye on the remaining 54% of Spie…
"AMEC has an option to buy the outstanding 54% interest in SPIE S.A., exercisable from 1 July 2002. Plans for the anticipated exercise are progressing well"
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