Leighton invests in Al Habtoor
Leighton Holdings is merging its operations in the Arabian Gulf with Dubai-based Al Habtoor Engineering. The deal will see Leighton Holdings invest about US$ 707 million for a 45% stake in Al Habtoor as it expands in the lucrative Gulf construction market. Commenting on the proposed deal, Leighton's chief financial officer, Scott Charlton, said he was "delighted to be aligning the Leighton G . . . more |