Seven Group Holdings has announced that it has entered into a binding agreement to pay $517 million to acquire the remaining 53.3 per cent of securities in equipment hire company Coates Hire that it does not already own, from an affiliate of Carlyle Asia Partners II, a fund managed by The Carlyle Group, and minority
According to the latest Australian Infrastructure Metric from Infrastructure Partnerships Australia and BIS Oxford Economics, the country’s overall construction activity is also set to expand for the first time in four years.
The multi-million-dollar contract, as part of the wider Sydney Metro project, has been won, with work expected to begin next year.
According to a new report released by Arcadis, Brisbane risks falling further behind Sydney and Melbourne if it doesn’t address key resilience concerns, including flood mitigation measures.
Sixteen kilometres of Tasmania’s Midland Highway around St Peters Pass will be upgraded with tenders open to deliver two packages of works.