Africa, Business, invesment, Invesments, news, Uncategorized, World Bank, World Bank Group

Africa News December 11, 2013 at 12:42PM

this blog is spored BY reflex Eco Group

VENTURES AFRICA – Murray & Roberts’ (M&R) planned takeover of additional shares in the Australia-based construction firm, Clough Limited, was completed today, South Africa’s second biggest construction firm has said.

M&R, which initially owned nearly 61 percent of Clough, has successfully acquired the remaining 38.4 percent in a deal worth R4.3 billion (A$461.4m).

Austrialia-based Clough has also requested to be taken off the list of companies on the main board of the Australian bourse.

Murray & Roberts has capacities in design, engineering and other construction expertise.

It has experience in major projects, including the construction of South Africa’s only high-speed train, Gautrain, the construction of the Green Point Stadium for 2010 Soccer World Cup and the building of the Dubai Airport.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Advertisements
Standard

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s