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BEE group acquires Murray & Roberts' infrastructure and building unit

BEE group acquires Murray & Roberts' infrastructure and building unit
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M&R's going concern status in question

‘We believe that we can trade through this period. It s going to be tight for the next year or so’: CEO Henry Laas. ....

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Murray & Roberts interims to end-December

Despite tough conditions, CEO Henry Laas notes that the mining unit did very well in the first half, compared to the prior year. ....

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MARKET WRAP: JSE succumbs to interest rate concerns

Strong weekly US jobs data and higher underlying inflation in Europe strengthen the case for further monetary tightening ....

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M&R rockets as sale of Australian unit removes threat of rights issue

The sale of Murray & Roberts' Australian subsidiary Clough for A$350 million (R4 billion) has removed the threat of the company asking shareholders for a bailout, sending the engineering firm's shares up by more than a quarter on Tuesday. ....

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