Mac the builder

Article Abstract:

Australia's Macquarie Bank is contemplating acquisition of the country's largest construction company, Leighton Holdings, by buying out 53% stake of the German construction company Hochtief AG. The consideration could be in the range of $3.8 billion. The assessments made by the bank for the takeover bid are discussed.

Commercial Banks, Acquisitions & mergers, Germany, Banking industry, Mergers, acquisitions and divestments, Company acquisition/merger, Leighton Holdings Ltd., Hochtief AG, Macquarie Bank Ltd.

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Powering on

Article Abstract:

Australian sectors such as construction, manufacturing and agricultural industries that have seen growth in recent years are listed with industry profits and their contribution to the gross domestic product. The same growth rate in these industrial sectors is expected in 2005.

Sales & consumption, Capital funds & cash flow, AGRICULTURAL PRODUCTION--CROPS, Manufacturing industry, Manufacturing industries, Agricultural industry, Economic aspects, Gross domestic product, Valuation, Industry sales and revenue

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Roberts hits back

Article Abstract:

The opinions of John Roberts of Multiplex Construction on corporate issues are examined.

Executive changes & profiles, Officials and employees, Cover Story, Interview, Roberts, John (Canadian broadcast journalist), Multiplex Construction

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