News Headline Summary

Macmahon (MAH AT) is to sell the majority of its construction projects and associated plant to Leighton for around 20mln, with net consideration of AUD 14mln

Update details:

- Co. expects one-off restructuring and redundancy costs around AUD 12mln will be incurred in relation to non-transferring employees as part of wind-down of construction, following completion of the sale.

Print 22:22, 23 Dec 2012 - Asian News - Source: Newswires