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Murray & Roberts completes R1 26bn disposal of Gautrain operator stake

Houlihan Lokey offers up Murray & Roberts mining contractor, bids due

South African contractor Murray & Roberts’ Australian retreat is gathering steam, with the group seeking offers for its Perth-based underground mining services group RUC Cementation Mining Contractors. 

Clough, Downer EDI turmoil sparks calls for paradigm shift

Downer EDI boss Grant Fenn could not have had a worse possible exit from the ASX-listed contracting business he has run for the past 12 years.

Downer EDI finds accounting irregularities , cuts profit forecast

The services group’s shares tumbled 24 per cent after it said profits had been overstated by up to $40 million. It also slashed its full-year earnings guidance, blaming weather disruption and supply chain costs.

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