Leighton buys Siemens out of troubled Silcar

摘要

Thiess is Leighton Holdings' mining and services subsidiary. Silcar has been a 50/50 joint venture between Thiess and German engineering and electrical giant Siemens. In a statement to the ASX Leighton said the acquisition of Siemens shares by Thiess was agreed so that "both companies could better focus their respective strategic portfolios."