Philip_AU wrote a post · May 27 22:06

Lendlease seals truce with activists in radical reset

The big news announced was the end of Lend Lease ( $Lendlease Group (LLC.AU)$ ) as we know it.

CEO Tony Lombardo outlined the plan of selling off it’s international divisions and he also threw in a nice $1.150 to $1.475 billion in impairments for good measure.

Lendlease shares rose 8 per cent to $6.36 on Monday.

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Philip_AU

DYOR and DD always.

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