Lendlease to Sell UK Construction Business to Atlas Holdings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 01 2025
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Should l Buy ?
Source: Business Insider
Lendlease Group's Strategic Move: Lendlease has agreed to sell its UK Construction business to Atlas Holdings for £35 million, part of a strategy to streamline operations and focus on Australian and international investments.
Employee Transition and Financial Impact: The sale is expected to be financially neutral and will ensure the majority of UK employees transition with the sale to maintain continuity for clients and partners, with closure anticipated before the end of FY25.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
