Broadspectrum agrees to sale of Ratch-Australia investment
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.Broadspectrum is a Ferrovial company, one of the world's leading infrastructure operators and municipal services companies, committed to developing sustainable solutions. The company has more than 96,000 employees and operates in more than 20 countries. Its main business areas are: Services, Toll Roads, Construction and Airports.