Australian engineering firm Clough Limited said it has reached agreement, subject to shareholder approval, to enter into a strategic alliance with South African engineering, construction and manufacturing group Murray & Roberts Holdings Limited. Murray & Roberts, a leading contractor in the global resources sector, will take a significant shareholding in Clough Limited through the placement…
AUSTRALIA: South African firm buys stake in engineering company Clough Limited
Posted on September 3, 2004 by EnergyAsia