Babcock says it will hit its targets despite slowdown
SUPPORT services group Babcock International said yesterday it will hit targets for the first half of the year despite a slowdown in the number of contracts coming to tender in the UK.
Babcock & Brown Ltd., once Australia's No. 2 investment bank, will be liquidated after creditors voted Monday to wind up the company six months after it was placed into administration for failing to repay debts.