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Aussie contractor buys compatriot

Australian construction giant Cimic said today it wants to acquire the remainder of its smaller compatriot UGL (United Group) for A$524 million in cash.

Aussie currency: Cimic has offered A$3.15 per share in cash for the remaining 86% of UGL
Aussie currency: Cimic has offered A$3.15 per share in cash for the remaining 86% of UGL
Published 10 October 2016, 00:03Updated 25 October 2016, 15:08
Asia & Oceania