AUSTRALIA

WorleyParsons flags goodwill impairment

Engineering, procurement and construction firm WorleyParsons announced this week it was reviewing its asset carrying values, as part of its year-end account preparation.

WorleyParsons flags goodwill impairment

The company said it expected to recognise a non-cash impairment of goodwill amounting to about $200 million as part the review process. This amount represents a 10% reduction of the goodwill carrying...

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