Business
Service Stream pays $310m for Lendlease services, raising equity – The Australian Financial Review
Service Stream has agreed a $310 million deal to acquire Lendlease’s services business.
Lendlease had Morgan Stanley and Gresham shopping the business to potential buyers more than 18 months ago, before putting it on hold when the pandemic hit last year. The bankers re-started the auction in May.
Its a big deal, and a big equity raising,…
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