WorleyParsons’ JV buy out
Engineering services company WorleyParsons has moved to 100 per cent ownership of its Australian power and water joint venture Burns & Roe Worley Pty Ltd.
The buy-out of Burns & Roe followed a “disappointing” performance by the joint venture, which developed the Esperance power station two years ago and was currently building a new power station at Exmouth.
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