DOW 2.19% $5.85 downer edi limited

News: DOW Downer acquires Hawkins businesses in New Zealand

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    March 8 (Reuters) - Downer Edi Ltd (DOW) :

    • Downer acquires Hawkins businesses in New Zealand
    • Signed an agreement to acquire construction, infrastructure and project management businesses of Hawkins
    • "Hawkins would continue to operate under its current brand"
    • Acquisition would be funded through existing debt facilities and be earnings accretive in its first year
    • Fenn said Hawkins would continue to operate under its current brand
 
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