Construction and Engineering

PM announces union taskforce

by AAP
Joint federal, Vic police taskforce established to crack down on construction union corruption.

UGL eyes moderate growth in FY15

Group says DTZ sale on track to be completed in early Nov, eyes capital return.

Leighton wins Healthscope contract

Leighton subsidiary Thiess will design and construct new $1bn Sydney hospital.

Bluescope warns on China steel demand

CEO Paul O'Malley says customers are looking to the US where energy costs are lower: report.

Transfield sets takeover ball rolling

Takeover bid for Transfield could lead to much more deal activity in the industrials sector.

Caterpillar profit lifts in Q3

Group's result boosted by restructuring, cost controls.

Strong land demand a good sign: HIA

by AAP
Bounce in land sales in June quarter may point to a healthy year for housing construction.

Leighton reaffirms FY guidance

Industrial contractor lifts underlying NPAT by 21% in nine months to September 30.

Fletcher eyes FY15 earnings up to $NZ690m

NZ Infrastructure giant expects strong growth in the second half FY15, sluggish first half.

Tenix turns heads with sale

Tenix attracted several high-profile suitors before being swallowed by Downer EDI.

Shareholders back Transfield rejection

Key Transfield shareholders say firm was right to knock back $1bn takeover bid.

Transfield soars on $1bn Ferrovial bid

Spanish group hopes Transfield will come under pressure to engage further, after saying offer undervalues company.

Downer EDI buys Tenix for $300m

Construction contractor better-positioned for growth after purchasing business from Salteri family.

ACCC warns on CSR, Boral joint venture

Watchdog's statement of issues finds JV would result in a duopoly in eastern Aust, final decision delayed.

Brickworks in race for Boral division

Brickworks believed to be a prospective buyer of Boral's roof tiles business.

Mystery Leighton suitor named

Apollo Global Management is believed to be circling Leighton's services division.

James Hardie warns on US recovery

Group sees FY net operating profit between $US205m and $US235m, notes US housing uncertainties.

SAI concludes strategic review, rejects offers

Risk management firm SAI Global has knocked back a takeover proposal from PEP after an extensive review.

Lend Lease confirms US expansion

Property group flags injection of up to $300m in equity as part of aggressive US expansion plans.

Construction activity strongest in 9 years: AiG

Australian Industry Group survey shows activity in the sector rose for fourth-straight month.

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