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Clough’s Webuild talks delayed by ‘complex’ acquisitions

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Clough’s administrators, Deloitte, are expected to this week finally disclose the outcome of long-running negotiations with Italy’s Webuild over the future of the collapsed construction group’s remaining projects, after talks were extended until midnight Monday.

Webuild previously had until midnight Wednesday on the west coast to negotiate exclusively with the Perth-based company’s administrators over what additional Clough projects it wanted to secure.

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Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com
Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com

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    Original URL: https://www.afr.com/companies/infrastructure/clough-s-webuild-talks-delayed-by-complex-acquisitions-20230125-p5cfe2