Extension
World's largest contracting group Leighton Holdings (ASX:LEI) was forced into another extension of its payment deadline for the $104 million sale of part of its Indian business, according to The Australian newspaper.
Last December, the sale of 35 percent of Leighton Contractors India was on the upswing with cash payment due at the end of March. Negotiating the Reserve Bank of India's red tape caused the delay and the deadline was extended, according to Leighton.
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