Italy’s biggest construction group Webuild has dropped the proposed acquisition of Australian rival Clough, it said on Monday.
Webuild said in a statement it had agreed with Clough‘s parent company Murray & Roberts that there was “no reasonable prospect” for the deal to reach a successful completion.Webuild, which had announced the operation last month without disclosing any financial details, said it would continue to “look for opportunities for growth, including in the Australian market”.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Murray & Roberts slumps as Australian unit enters business rescue | BusinessShares of engineering firm Murray & Roberts slumped by double digits on Monday morning, after it said its proposed R4 billion sale of its Australian business unit Clough had fallen through, resulting in a business rescue process. | News24_Business _Business Gemeente Heemstede de heer en mevrouw BIDS Schenker heeft 500K weggegooid en is niet tevreden over de zinloosheid van de ontwerpen waarom niet gewoon de OUDE BOUWMATERIALEN BOUWTEKENINGEN er bij gehaald ? Herhalen de oude Tekeningen Belvédère HeemCour
Source: News24 - 🏆 4. / 80 Read more »
ESKOM LIVE | Load shedding drops to Stage 3 on Monday, then more Stage 2 until further notice | BusinessESKOM LIVE | Loadshedding drops to Stage 3 on Monday, then more Stage 2 until further notice | News24_Business _Business We don't care' _Business Until Ramaphosa is out of office there will be not load shedding _Business Wiw not stage 1
Source: News24 - 🏆 4. / 80 Read more »