Thursday, July 12, 2007

Leighton Is in Talks With Persian Gulf-Based Al Habtoor About Partnership

(Bloomberg) -- Leighton Holdings Ltd., Australia's
biggest builder, is in talks with United Arab Emirates-based
construction company Al Habtoor Group about a partnership in one
of the world's fastest-growing real estate markets.

India and the Gulf region offer ``great opportunities,''
Sydney-based Leighton said today in a statement. Al Habtoor,
which built the Middle East's tallest hotel, the Burj Al Arab, is
one of a number of companies with which Leighton is discussing
potential partnerships and joint ventures.


Read more at Bloomberg Emerging Markets News

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