Lendlease to pull out of UK and sell its overseas construction business

By Tom Lowe2024-05-28T10:30:00

Lendlease is pulling out of the UK and selling its overseas construction businesses so it can focus on its operations in Australia.

The New South Wales-based multinational has announced a sweeping restructure aiming to free up AD $4.5bn (£2.35bn) of capital in order to pay down debt and realise value for its security holders.

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