Inactive Instrument

Leighton Holdings Limited Australian S.E.

Equities

AU000000LEI5

End-of-day quote Australian S.E. Other stock markets
- ^AUD	-

Feb. 13	CIMIC Group Limited Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	Magnetite Mines Signs MoU With CIMIC Group	MT

Leighton : Devine and Leighton agree process for potential sale

July 15, 2014 at 09:29 pm EDT

ASX ANNOUNCEMENT

16 July, 2014

DEVINE AND LEIGHTON AGREE PROCESS FOR POTENTIAL SALE

On 25 June 2014, Devine Limited (ASX:DVN) (Devine or the Company) announced that Leighton Holdings Limited (Leighton) had commenced a confidential expression of interest process to seek potential investors of its 50.6% investment in Devine.
In light of these events, the Board of Devine have formed the view that it is in the best interests of Devine shareholders as a whole to explore a formal sale process for all of the shares of the Company.
As a result, Devine and Leighton have entered into arrangements in relation to the sale process. The process will be administered solely by Devine and overseen by an independent board committee of Devine in consultation with Leighton and its advisers.
There are no assurances that a sale of Devine will be finalised or what form the transaction (if any) will ultimately take. This will depend on, among other things, the expressions of interest received and the attractiveness of any offer for the Company.
Devine has appointed Goldman Sachs as financial adviser and King & Wood Mallesons as legal adviser in connection with the process.
Further information will be provided as developments occur.
ENDS

For further information contact:

David Keir

Managing Director and CEO Devine Limited

Ph: (07) 3608 6302

distributed by

Latest news about Leighton Holdings Limited

CIMIC Group Limited Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 12	CI
Magnetite Mines Signs MoU With CIMIC Group	Nov. 14	MT
Australian Government Selects CIMIC Group's CPB for Defence Departments Woomera Redevelopment Program	23-10-17	CI
CIMIC's UGL Will Undertake an Expansion of the Western Downs Battery Project in Queensland for Neoen	23-07-30	CI
CIMIC Group Limited Reports Earnings Results for the Half Year Ended June 30, 2023	23-07-27	CI
BAC Selects CPB Contractors to Undertake the Planning Phase of the International Terminal Security and Retail Upgrade Project	23-06-27	CI
Cimic's UGL Contracted to Construct 219-Megawatt Battery for Neoen	23-06-19	CI
CIMIC Group Limited Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-14	CI
CIMIC Group Limited UGL Contract to Operate Passenger Trains in Melbourne Australia Has Been Extended	23-03-09	CI
Thiess Plans to Move to Compulsory Acquisition of MACA	22-10-10	MT
Thiess Extends MACA Takeover Offer Period	22-10-07	MT
Felix Renews Software Contract with CIMIC	22-09-01	MT
MACA Accepts Thiess' Upsized Takeover Offer	22-08-28	MT
MACA Signs Deal for Off-Market Takeover by Thiess	22-07-26	MT
CIMIC Group Announces the Promotion of Pedro Vicente to Chief Executive Officer, from Executive General Manager Operations, Effective May 26, 2022	22-05-25	CI
HOCHTIEF Australia Holdings Limited completed the acquisition of 21.42% stake in CIMIC Group Limited.	22-05-10	CI
HOCHTIEF Australia Holdings Limited completed the acquisition of 21.42% stake in CIMIC Group Limited.	22-05-05	CI
CIMIC Group Limited Announces It Has Been Selected for $245 Million M12 Western Package	22-05-04	CI
CIMIC Group company CPB Contractors, as part of a joint venture, Announces Selection for $245 Million M12 Western Package	22-05-04	CI
CIMIC Unit Signs Interim Service Deal for Blackwater Project in Canada	22-05-03	MT
Australian Government's Department Selects CIMIC Group for Defence Redevelopment Program	22-04-28	CI
Hochtief To Complete Australia's CIMIC Purchase As Soon As Possible	22-04-27	MT
Hochtief wants to completely take over Australia's CIMIC -CEO	22-04-27	RE
EnviroGold Signs MoU With CIMIC Group's Sedgman to Operate Hellyer Tailings Project in Australia	22-04-26	MT
CIMIC's Net Profit Rises 13% in Q1	22-04-13	MT

Chart Leighton Holdings Limited

Duration

Period

More charts

Company Profile

CIMIC Group Limited is an Australia-based engineering-led construction, mining, services, and public private partnerships(PPPs) company. The Company's principal activities include construction, mining and mineral processing, public private partnerships, engineering, and other services (including environmental, telecommunications and operations and maintenance). The Company operates in infrastructure, resources, and property market. The Company's segments include Construction, Services and Corporate and Investments. Construction segment includes rail and road developments, social infrastructure projects and PPPs project. Services segment includes maintenance and supply chain services, provision of asset management services and mechanical and electrical work. The Company's brand includes CPB Contractors, Leighton Asia, UGL, Pacific Partnerships, Sedgman , EIC Activities, Thiess and Ventia.

Sector

More about the company