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Crescent Capital dredges exit pathway at Hall Contracting

Crescent Capital dredges exit pathway at Hall Contracting
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Australian private equity firm Crescent Capital is ready to mull exit options for its dredging, civil and marine construction company, Hall Contracting.
Street Talk understands Crescent Capital, which acquired a majority stake in Hall Contracting late in 2017, recently invited investment banks and advisory firms to pitch for the sell-side mandate.
Hall Contracting was recently hired to help upgrade the Port of Townsville. Â
Glenn Hunt
Sources were pointing at independent firm Houlihan Lokey as the most likely to be mandated.
Hall Contracting is Australiaâs largest privately-owned civil construction, dredging and marine civil works company, signing contracts to dredge sea channels at ports, upgrading dams and the like. ....

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Jarden Brief: Stocks surge as millions of Americans receive US$1400 stimulus payments

Jarden Brief: Stocks surge as millions of Americans receive US$1400 stimulus payments
15 Mar, 2021 07:25 PM
6 minutes to read
Macy s stock surged 12 per cent as US stimulus payments started going out to millions of Americans. Photo / Getty Images
NZ Herald
Jarden
New Zealand:
The NZX closed Monday s session up 1.3 per cent.
The best performing sector for the
day s trading was health care increasing 2.5 per cent.
Tilt Renewables share price increased by 17.4 per cent to $7.61 after the firm announced it had entered into a Scheme Implementation Agreement, whereunder Powering Australian Renewables (PowAR) will acquire Tilt Renewables Australian business, and Mercury NZ (+0.5 per cent) would acquire the New Zealand arm. Under the agreement, Tilt ....

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