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HCC Infrastructure Company, a subsidiary of the company also received Rs 110 crore as an earn out money from Cube Highways and Infrastructure V Pte Ltd, for stake sale in Baharampore-Farakka Highways (BFHL).
HCC share price: The company, in a BSE filing, said it will sell its Swiss construction unit to a French firm for Rs 928 crore. "Steinier AG, Switzerland, a material subsidiary of HCC, has entered into a share purchase agreement with Demathieu Bard for divestment of its entire equity interest in Steiner Construction SA, Switzerland, for Rs 928 crore," it stated.
ACBL's mv. Michael J. Kennelly is the first Tier 4 retractable-pilothouse towboat, and also the first with Mitsubishi Tier 4 engines.
The Small Business Administration said that Birdon America doesn't meet the size standard to construct the Waterways Commerce Cutters.
Steiner Construction Company, Bayou La Batre, Ala., recently completed 2,600 hp. mv. Robert R. Aldrich for Evansville Marine Service.