Australian construction firm LendLease Group (LLC) has appointed Morgan Stanley MS.N and local adviser Gresham to run the sale of its underperforming engineering and services business, two people familiar with the situation told Reuters on Thursday.
The investment banks have sent term sheets to a host or prospective buyers, added one of the sources who spoke on condition of anonymity because they were not authorised to speak to the media.
A spokesman for Lendlease declined to comment.
News: LLC Australia's Lendlease hires banks to run sale of engineering unit - sources
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$5.47 |
Change
-0.020(0.36%) |
Mkt cap ! $3.778B | |||
| Open | High | Low | Value | Volume |
| $5.47 | $5.49 | $5.45 | $1.360M | 248.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 3990 | $5.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.48 | 9777 | 30 |
View Market Depth
| Last trade - 12.31pm 10/09/2025 (20 minute delay) ? |
| LLC (ASX) Chart |