Costain faces second hostile meeting

Friday 03 January 1997 19:02 EST

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Beleagured construction group Costain faces its second hostile extraordinary meeting in just over a week on Monday when it gathers at London's Barbican Centre to ratify part of its recently announced rescue plan.

It will also discuss the issue of new shares to its Indonesian backers. Friends of the Earth has indicated it plans to mount a protest at the meeting over Costain's continuing involvement with the controversial Newbury by-pass.

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Costain faces second hostile meeting

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