Dec 19 (Reuters) - Australian construction firm Lendlease Group (LLC) on Thursday said it would sell its engineering business to Acciona Infrastructure Asia Pacific for A$180 million ($122 million).
Earlier this year, Lendlease had pinned its 41% drop in annual profit to underperformance of its engineering and services business.
The company said the sales process for its services business would continue. ($1 = 1.4736 Australian dollars)
News: LLC Australia's Lendlease Group to sell engineering unit for $122 mln
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$5.47 |
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Mkt cap ! $3.768B | |||
| Open | High | Low | Value | Volume |
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