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Cimic Group Ltd. said that an initial public offering of Ventia Services Group will comprise 30% of share capital and be priced at $1.25 a share, valuing the infrastructure services business at ...
Australia's CIMIC Group Ltd on Monday recommended its shareholders accept the off-market offer by construction firm Hochtief AG to buy the remaining 21.42% stake it does not already own in the ...
Shares of Spanish construction company ACS plummeted on Thursday after its Australian unit CIMIC Group announced its exit from the Middle East. ACS, which controls CIMIC through a majority stake ...
Australia's CIMIC Group said on Wednesday it was in advanced talks to sell 50% of its mining services business, Thiess, to an affiliate of activist hedge fund Elliott Management.
CIMIC Group <CIM.AX> said on Monday it will sell half of its mining services business to activist hedge fund Elliott Management, valuing the unit Thiess at A$4.3 billion ($3.04 billion).
CIMIC and Apollo each owned 32.77 per cent after the float and in 2023 then reduced their holdings by way of block trades, with each stake worth about $677m before the deals transacted.
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