Hochtief needs 10% in a hurry

German suitor has just one week to boost Leighton stake beyond 70 per cent.

Germany's Hochtief has just one week left to boost its stake in Leighton Holdings beyond 70 per cent as part of its $1.2 billion proportional takeover offer for the Australian construction giant, which closes next Friday.

The German company, controlled by Spain’s ACS group, has aspirations to secure as much as 73.82 per cent of Leighton as part of a proportional bid announced in March, when it already owned close to 59 per cent of the company.


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

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles