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Bilfinger Berger to IPO Australian unit

The German multiservice group said earlier this week that it plans to go ahead with an IPO of its Australian business – which includes construction units Abigroup and Baulderstone. Bilfinger Berger hopes to list its Australian subsidiary during the first half of this year, in a deal that could net the company up to A$1.5bn.

16 January 20131 min read