Clough, the Australian based oil & gas engineering and construction company and a wholly owned subsidiary of Murray & Roberts, today announced a US$5 million acquisition of CH-IV International.
Murray and Roberts reports a 41% rise in diluted HEPS from continuing operations to 62c for its 6 months ended December.
Murray & Roberts's acquisition of all the ordinary shares in Clough it did not already own is implemented.
Construction group Murray & Roberts is pleased with 'the significant improvement' in its financial results and expects the positive earnings trend to continue in the medium-to-long-term.
Murray & Roberts says that all conditions for the disposal of its Construction Products Africa subsidiary have been met.