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Topics CEO of Hochtief AG, Marcelino Fernandez Verdes arrives for the annual news conference in Duesseldorf February 28, 2013. DE ) has sold its airports division to Canada's Public Sector Pension Investment Board (PSP Investments) for 1.1 billion
Group's board is to be shaken up, with directors Stephen Johns and Fred Hilmer stepping down at next month's annual general meeting. Mr Johns, 65, has been involved with the shopping centre developer for more than 40 years, including 27 as a board
Leighton Holdings has promoted senior executive Peter Gregg to the role of deputy chief executive, as part of a management rejig aimed at putting recent turmoil behind Australia's largest construction group. In what he cast as a rebasing'' of the
Investors seemed largely unmoved by the fallout from yesterday's failed Labor leadership spill. Just before the market closed, Energy, Resources and Tourism Minister Martin Ferguson resigned along with and the Minister for Human Services, Kim Carr .
February 15, 2013 The Washington Business Journal recently released DiversityBusiness.com’s 13th annual list of the Top 50 Organizations for Multicultural Business Opportunities. This year, Turner was included on that list as the only
February 14, 2013 Turner Construction Company is pleased to announce that Drew Langsam, Project Executive, and Brian Krause, Business Manager, have been recognized by Engineering News-Record (ENR) as two of the Mid-Atlantic’s Top 20 Under 40.
Detroit District, announced recently that Turner Construction Company was chosen to construct a new Border Patrol Station (BPS) in Detroit, Michigan. The new facility includes a 100-agent station, parking garage and canine facility, and parking on
Turner Construction Company was selected to renovate two operating rooms in Virginia’s only freestanding children’s hospital. All work will be accomplished while the hospital remains open and in full operation. The work is expected to commence on
Hochtief plans to cut about 700 jobs because of weak orders at its construction and facility management business Hochtief Solutions in Germany, a weekly magazine reported. The jobs will be cut at the company's offices in Hamburg, Berlin, Munich and
While this is good for Hochtief and ACS, the question is whether it is good for Leighton in the long term. Nextgen is a solid earner compared with some other parts of the Leighton business. It also boasts a margin of almost 40 per cent, compared with