General Announcement::Leighton and certain Apollo funds agree to form 50:50 Services investment partnership

Issuer & Securities

Issuer/ Manager
LEIGHTON FINANCE (USA) PTY LTD
Securities
LEIGHTON US$500M5.95%N221113A - US52535PAA75 - 2LIB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
18-Dec-2014 12:53:29
Status
New
Announcement Sub Title
Leighton and certain Apollo funds agree to form 50:50 Services investment partnership
Announcement Reference
SG141218OTHRSVAN
Submitted By (Co./ Ind. Name)
Vanessa Rees
Designation
Group Company Secretary
Description (Please provide a detailed description of the event in the box below)
Leighton Holdings today announced it had entered a binding agreement with funds managed by affiliates of Apollo Global Management, LLC (NYSE:APO) (together with its consolidated subsidiaries, Apollo ) to form a 50:50 investment partnership comprising the merged operations and maintenance services businesses of:
- Thiess Services which includes: Communications, Energy Solutions, Asset and Infrastructure Services, and Environmental Services; and
- Leighton Contractors Services which includes: Visionstream and Infrastructure Services.

Attachments

Leighton and certain Apollo funds agree to form 50 50 Services investment partnership.pdf
Total size =187K