LLC

Lend Lease Corporation (LLC)

Sat, 07/06/2008 - 03:14

Stock Code

LLC

Stock Exchange

Australian Securities Exchange

Lend Lease Corporation Limited (LLC) is an Australia-based company that is engaged in construction and project management, property development and property investment management. LLC focuses on the construction and management of a variety of real estate assets with extensive operation in 40 countries around the world focusing on the Asia Pacific, Europe, Africa, The Middle East and US market. LLC was listed on the Australian Stock Exchange on the 30th of June 1962. The average annual revenue of LLC reaches $14 billion out of its issued capital of $4 billion.

Lend Lease Plans to Buy B&B Communities


Lend Lease plans to expand its business in retirement homes. As Australia's population is moving quickly into the grey region, the company sees growth prospects in the business. It plans to takeover Babcock and Brown's listed funds to break away B&B Communities (BBC) from its parent company. Lend Lease was listed as one of the prospective buyers of 6.18 percent substantial stake for Babcock and Brown Communities, which owns substantial number of retirement homes and aged-care facilities.

Private Equity Firms: What Might They Pay?


Following the recent spate of attempts by private equity (PE) firms to take over listed entities, Macquarie Research Equities (MRE) have investigated which top 100 stocks have the balance sheet capacity to be re-geared, and what a PE firm could pay as a full price. The aim of this analysis was to gauge what would be the full takeover valuation price a PE firm could pay. This is given the current willingness to re-gear balance sheets and the extremely low risk premium being applied by PE investors to equities and debt at present.

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