FIRB clears the way for Broadspectrum takeover

The Foreign Investment Review Board has given the nod for Ventia’s proposed $485.5 million acquisition of infrastructure services company Broadspectrum.Under the terms of the agreement with Broadspectrum owner Ferrovial, the transaction is expected to be finalised on June 30. The combined group is expected to generate revenue in excess of $5 billion. Ventia chairman David […]

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Industry Queensland
Industry Queensland