SYDNEY: Essential services provider Ventia has announced award of a significant contract with Telstra. The three-year Field Optimisation Contract has estimated revenue of $570 million based on expected volumes. Ventia’s scope of work will include the delivery of: •Network services,…
SYDNEY, AUSTRALIA: Ventia has been notified by the Foreign Investment Review Board (FIRB) that the Australian Government has no objection to Ventia’s proposed acquisition of Broadspectrum. Under the terms of the agreement with Ferrovial, completion of the acquisition is expected…
SINGAPORE: Infrastructure services company, Ventia has signed an agreement with Ferrovial S.A. to purchase Broadspectrum, subject to standard conditions and regulatory approvals. The acquisition is for an equity value of A$485 million. Ventia has fully committed financing for the transaction…