Friday 22 August 2014
 
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Leighton Holdings

Al Habtoor eyes IPO of engineering, other units

Dubai's Al Habtoor Group said it is considering selling shares in its engineering and other units next year under a new law allowing families to keep control of businesses after initial public offerings. Leading Australian contractor Leigh

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Stocks subdued, yen flat

Asian stock markets took a breather, but the underlying tone was positive after the US president and Federal Reserve chairman both talked about tackling a credit problem that had roiled financial markets. The yen was little changed against

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Leighton buys $707m Al Habtoor stake

Leighton Holdings, Australia's largest contractor and project developer, said it will pay about A$870 million ($707 million) for a 45 per cent stake in Dubai-based Al Habtoor Engineering as it expands in the Gulf market. Shares in Leighton

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Leighton in tie-up talks with Al Habtoor

Australia's Leighton Holdings is in tie-up talks with the UAE's Al Habtoor Engineering to boost its presence in the Gulf market. The Australian construction giant said it was meeting several Middle Eastern companies, including Al Habtoor,

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