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LLC — Lendlease News Story

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Brief: Lendlease Announces Divestment Of Its Interest In Keyton

BRIEF-Lendlease Announces Divestment Of Its Interest In Keyton

- LendLease Group LLC.AX:

  • LENDLEASE ANNOUNCES DIVESTMENT OF ITS INTEREST IN KEYTON

  • ANNOUNCES DIVESTMENT OF REMAINING INTEREST IN KEYTON RETIREMENT LIVING TRUST

  • AWARE SUPER TO BUY LENDLEASE'S 25.1% KEYTON INTEREST FOR A$525 MILLION

  • DEAL IN LINE WITH HY26 BOOK VALUE; COMPLETION TARGETED FOR 1H FY27

  • NET PROCEEDS TO BE USED TO REDUCE GROUP DEBT

Further company coverage: LLC.AX


((Reuters.Briefs@thomsonreuters.com;))

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