DataRoom AM: UGL downer

UGL’s sale of its property services arm looks in doubt, while two of the biggest floats of the year move closer to judgment day.

UGL appears close to be abandoning the sale of its property services arm and the news has investors rushing for the exit. The markets may be ebullient at the moment but if any firm fails to meet expectations, investors are happy to dish out the punishment.

Elsewhere, there’s progress with two of the biggest floats of the year, a ‘for sale’ sign remains a possibility for David Jones’ property assets and Ten Network draws interest from the UK.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles