The Board is currently evaluating options for the use of net proceeds which are expected to be between $1.0 and $1.05 billion, and a potential use could be in paying down current net debt of approximately $650 million. Post transaction, UGL will be a dedicated engineering, construction and maintenance service provider in Australia, New Zealand and South East Asia. In addition UGL has appointed Ross Taylor, previously CEO of Tenix (www.tenix.com), as Managing Director and CEO effective 24 November 2014.
Lincoln Crowne And Company To Fight Against The Dramatic Increase In Child Illiteracy
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