CIMIC Wants to Buy Rival UGL
Spanish-controlled construction giant CIMIC has launched a $524 million takeover bid for its ASX-listed rival UGL.
UGL Profit UP More Than 70%
Engineering and property services firm UGL says activity in the infrastructure sector is picking up in the wake of the resources boom.
MTR, John Holland in Box Seat for Sydney Train Contract
A consortium involving the company that runs the Hong Kong metro rail system and several Leighton subsidiaries is in the box seat to secure the contract...
UGL Denies Fraud Allegations as Shares Plummet
UGL has emphatically denied allegations made by a former senior executive that the company "cooked the books" in order to deceive investors.
Another Ex-Leighton Head Rolls
The alleged corruption scandal at Australian construction Leighton Holdings have led to a third former executive being forced out of his current role.
UGL Appoints New Head of Engineering Arm
Sydney-listed engineering and property consultancy UGL has appointed a new head of its engineering unit following the company's decision to divide itself into two separate businesses....
Aussie Firm Bags $120 million in Worldwide Property Projects
An Australian construction and engineering firm has bagged $120 million worth of property maintenance services contracts across a number of countries and continents, including an agreement...
UGL Sells off DTZ, Announces New Boss
Building and engineering giant UGL is set to hive off its global property services business to a private equity consortium in a move that will see...