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AUSTRALIA

UGL in CIMIC's sights

CIMIC, the former Leighton Holdings, is making a $524 million play for smaller rival UGL Group.

UGL in CIMIC's sights

CIMIC, which emerged this morning with 13.84% of the troubled UGL, launched an off-market takeover pitched at $3.153 per share, and it says it had no interest in increasing its price unless a rival comes...

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