Stevenson Group to look at selling construction materials unit next year

Fri, 15 Dec 2017

By Paul McBeth Dec. 15 (BusinessDesk) - Stevenson Group will test buyer appetite for its concrete business next year in a market the managing director Mark Franklin doesn't see abating any time soon. The Australian Financial Review today reported Stevenson has hired PwC to look at options for the business, including a sale, which could be worth as much as $300 million. Franklin told BusinessDesk the report was "speculation", but confirmed the group, which also includes mining and quarrying operations, will test the market for its constru...

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