Tuesday 13 October 2015
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


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


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


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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