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Clough sells marine business for $127m

Engineering company Clough has announced the sale of its marine construction business to Malaysia's SapuraCrest Petroleum Berhad, for gross proceeds of $127 million in cash.

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Total value of current WA projects

63rd-CloughNFP
101 construction companies ranked by total combined value of current WA projects ($)

Engineers

3rd-GHD350
4th↑AECOM300
5th-CloughNFP
6th-Jacobs Engineering230
7th-SNC-Lavalin190
150 engineers ranked by number of engineers in WA

Number of Employees

Construction Companies

Share Transactions

24/04/13
$11k Bought
24/09/10
$2.4m Sold
09/09/10
$1.7m Bought
Total value as at the date of the transaction
Source: Morningstar

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