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Takeover target Leighton Holdings Limited (ASX:LEI) has revealed it is considering selling its property and services business John Holland and planning to start talks with investors.The construction company has also flagged plans to create four core businesses focussed on construction, mining, public private partnerships and engineering.Updating the market on its strategic review Leighton says it is aiming to strengthen its balance sheet, streamline its operating model and improve project delivery.Leighton says it is now developing its transition plan for the new operating structure and will be engaging with key stakeholders.The news comes one day after Leighton Holdings announced its Chairman Bob Humphris has retired. Executive Chairman Marcelino Fernandez Verdes and two new Directors have been appointed.
Leighton Holdings reported a net profit of $469 million for the 2013 calendar year.
