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Lend Lease Group (ASX:LLC) has announced it has completed the $960 million acquisition of Valemus.
Valemus is the parent company of Baulderstone, Abigroup and Conneq. The Valemus name will be retired immediately.
Lend Lease is starting a 90-day integration process. The acquisition opens up engineering and construction markets for Lend Lease.
The property giant announced a number of executive changes this week in preparation, including the recruitment of Michael Connolly from Leighton Group.
Lend Lease posted a net profit of $227 million in the six months to 31 December 2010.
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Last
$5.45 |
Change
0.010(0.18%) |
Mkt cap ! $3.761B | |||
| Open | High | Low | Value | Volume |
| $5.46 | $5.54 | $5.43 | $8.083M | 1.477M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 5764 | $5.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.45 | 8308 | 1 |
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| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| LLC (ASX) Chart |