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LLC — Lendlease News Story

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Brief: Lendlease Announces Sale Of MSG North

BRIEF-Lendlease Announces Sale Of MSG North

- LendLease Group LLC.AX:

  • LENDLEASE ANNOUNCES SALE OF MSG NORTH

  • MSG NORTH SALE VALUED AT A$250 MILLION; A$90 MILLION CASH PROCEEDS, A$160 MILLION DEBT ASSUMED

  • SALE EXPECTED TO RESULT IN ~A$175 MILLION POST-TAX OPERATING LOSS IN FY26 CRU


Further company coverage: LLC.AX


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

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