Lendlease
(ASX:LLC) today announced the completion of the sale of its Engineering business to Acciona Infrastructure Asia Pacific.
The sale price is $160 million payable in instalments in FY21 including completion adjustments.
Lendlease will retain the NorthConnex, Kingsford Smith Drive and Melbourne Metro Tunnel projects.
Shares in Lendlease
(ASX:LLC) are trading 1.7 per cent lower at $12.42.