In The Spotlight
Rio Tinto has successfully completed its off-market buy-back, achieving its share purchase target of approximately 41.2 million Rio Tinto Limited shares, for a total consideration of A$2,871 million (US$2,081 million1).
Skanska Sweden invests in an office building in central Jönköping. The property is simultaneously sold to Vacse for about SEK 500 M.
Hexagon AB, a global leader in digital solutions, announced the acquisition of Bricsys, a fast-growing developer of CAD (computer-aided design) software that has been at the forefront of providing open, collaborative construction technology solutions since its founding in 2002.
Excitech, the UK leader in technology and services for the construction sector, announced it has acquired Autodesk reseller and mechanical design specialists Micro Concepts.
Shikun & Binui Ltd. , a global construction and infrastructure company headquartered in Israel, reported its financial results for the first half and second quarter ended June 30, 2018.
Skanska sold Mill Park, a two-building office project in Budapest, Hungary, to the real estate fund of Erste Alapkezelő Zrt., a subsidiary of Erste Asset Management GmbH, for EUR 100 M, about SEK 1 billion.
Sterling Construction Company, Inc announced financial results for the second quarter and six months ended June 30, 2018.
NV5 Global, Inc. a professional and technical engineering and consulting solutions provider ranked #54 in Engineering News-Record Top 500, announced the acquisition of CALYX Engineers and Consultants, Inc., a 200-person infrastructure and transportation firm headquartered in Cary (Raleigh), NC.
A combination of competitive products and high demand in most markets saw Volvo Construction Equipment report net sales in the second quarter of 2018 that were up by almost a third, rising 32% compared to the same period in the year before.