Broadspectrum agrees to sale of Ratch-Australia investment

News

A Broadspectrum van parked roadside
Ferrovial's Australian subsidiary Broadspectrum today announced that it had entered into an agreement to sell its remaining twenty per cent (20%) interest in Ratch-Australia Corporation Limited to the other shareholder, RH International (Singapore) Corporation Pte Ltd, subject to approval from the Foreign Investment Review Board.The sale is consistent with Broadspectrum’s focus on its core strategy and services.Broadspectrum will provide an update once the sale has been completed.To find out more about Ferrovial Services in Australia and New Zealand, click here. To read the original news story on the Broadspectrum website, click here

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