Bouygues to pull bid for £300m HS2 catenary works

Bouygues has set out plans to pull a tender for the £300m HS2 overhead catenary works after the UK competition authority raised concerns about competition and its take over of Equans.
Bouygues is buying rival French contractor Equans in a £6bn deal. But the UK competition authority has threatened to throw a spanner in the works because of concerns that the merged company would have two bids in the present HS2 contest to find an overhead powerlines contractor.
Four bidders are in the