News Headline Summary

Leighton (LEI AT) has written off its AUD 63mln investment in troubled Brisbane toll road operator BrisConnections

- BrisConnections, the owner of Brisbane's airport link toll road, is in talks with its lenders about a potential restructure after saying its debt may outweigh the value of the company.

-Leighton on Wednesday said it would impair its USD 63mln deferred equity commitment to BrisConnections.

Full article: http://www.smh.com.au/business/leighton-writes-off-63m-brisconn-stake-20121114-29b8k.html

14 Nov 2012 - 02:42 - Equities - Source: Sydney Morning Herald

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