Murray & Roberts Pty Ltd, an indirect wholly owned subsidiary and the Group’s holding company in Australia, has entered into a sale and purchase agreement with Webuild S.p.A to dispose of the entire issued share capital of Clough Limited to Webuild.

Murray & Roberts a multinational specialist engineering and contracting group. The Group delivers project development and construction services into the resources, industrial, energy, water and specialised infrastructure market sectors. Clough is an engineering and construction company providing project services to the energy, resources and infrastructure industries, predominantly in the Australasia and North American markets.  Webuild is a leading global player in the construction of large, complex projects for sustainable mobility, hydropower, water and green buildings.

The proposed transaction is deemed a Category 1 transaction in terms of the Listings Requirements of the JSE Limited.



The circular for the proposed transaction will be uploaded to this portal as soon as it is made available to shareholders, which is expected to be either late-December 2022 or early-January 2023.