The
The South African business has around 1,800 employees and primarily services construction and site maintenance clients
In March, it closed Valerus, a non-core, mid-stream oil and gas production and processing facilities business based in
The South African transaction is expected to close in the coming weeks and is subject to conditions including approval of the exchange control authorities of the
"We have undergone a full review of our Resources business, and have been taking actions to align with our overall strategic direction and focus on our high potential engineering services. The sale of our South African Resources business is another important step in this direction," stated
This report by
Companies in this story: (TSX:SNC)
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