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Tue November 12 2024

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Dubai contractor exits Costain

11 Sep ASGC Construction has sold its 15% stake in Costain.

Dubai-based Al Shafar General Contracting Company (ASGC) invested 拢25m in UK construction contractor Costain in May 2020. It was now sold its stake four years later for 拢38m.

ASGC withdrew through a placing of shares to institutional investors.

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