Kipevu Oil Terminal at Mombasa Port to Relocate
Kenya Ports Authority annoucend: Kipevu Oil Terminal at Mombasa Port will be relocated early next year, to Dongo Kundu area, as a result of the ongoing capacity expansion programme. New, upgraded modern oil terminal is expected to have a capacity to accommodate four vessels of up to 200 000 DWT. The project also involves building new cargo handling facilities with both, subsea and land based pipelines and four berths capable of loading/discharging crude oil, HFO, DPK-aviation, AGO-Diesel and PMS-Petrol.
Leighton Completes John Holland's Sale to CCCI
Leighton Holdings today announced it had completed the sale of John Holland to CCCC International Holding Limited (CCCI), a wholly-owned subsidiary of China Communications Construction Company (CCCC). As previously advised, CCCI has purchased John Holland for an enterprise valuation of approximately A$1.15 billion. Leighton Holdings Executive Chairman and Chief Executive Officer Marcelino Fernández Verdes said: “Completing the sale of John Holland marks…
Leighton to Sell John Holland
Leighton Holdings today announced it had entered a binding agreement for the sale of John Holland to CCCC International Holding Limited (CCCI). CCCI is a wholly-owned subsidiary of China Communications Construction Company (CCCC), the fourth largest construction company in the world by revenue1 . CCCC has a market capitalisation of approximately A$23.5 billion and is listed on the Hong Kong and Shanghai stock exchanges. CCCI will purchase John Holland for an enterprise valuation of approximately A$1.15 billion subject to certain adjustments.
