First Reserve & TPG End AMEC Pursuit

First Reserve Corp. and Texas Pacific Group have abandoned their pursuit of < ?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />UK construction group Amec PLC (London: AMEC). Amec had rejected an initial Gbp1.5 billion offer last month, with The Guardian reporting that it also refused to let the firms examine its books.