Hochtief AG (HOTG.DE)
|Market Cap (Mil.):||€4,355.40|
|Shares Outstanding (Mil.):||69.31|
SYDNEY - Leighton Holdings Ltd , Australia's largest construction firm, said it may sell its John Holland roads and rail business as Spanish-controlled majority owner Hochtief AG seeks to cut debt and potentially finance a bid for full ownership.
* Leighton wants to streamline business (Recasts with debt reduction, adds analyst quote, deal context, shares)
SYDNEY, June 12 - Leighton Holdings Ltd, Australia's largest construction firm, said on Thursday it is considering selling its services, property and transport infrastructure businesses in a restructure led by its new Spanish owner ACS Actividades de Construccion y Servicios SA .
ESSEN, May 7 - German builder Hochtief said on Wednesday it was on track to increase its stake in Australian company Leighton.
* Q1 pretax profit 122.6 mln eur vs 106 mln forecast in poll
China premier warns on slowdown as data fans stimulus talk
* German firm names two new directors as seeks 74 pct stake (Adds comment from new CEO, Leighton chairman)
SYDNEY, March 13 - German builder Hochtief AG has installed its chief executive at the helm of majority-owned Leighton Holdings Ltd and claimed more seats in the boardroom, cementing its grip on the Australian company that supplies much of its profit.
SYDNEY - German builder Hochtief AG has installed its chief executive at the helm of majority-owned Leighton Holdings Ltd and claimed more seats in the boardroom, cementing its grip on the Australian company that supplies much of its profit.
SYDNEY, March 11 - The Australian Securities and Exchange Commission is reviewing share trading in Leighton Holdings Ltd, which jumped significantly last week ahead of a $1 billion offer from major shareholder Hochtief AG .
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Analyst Research Reports
Hochtief AG: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Thomson Reuters StreetEvents
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