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The company was established as Lendlease by Dick Dusseldorp [3] in 1958 to provide finance for building contracts being undertaken by Civil & Civic.In 1961, the company acquired Civil & Civic from Bredero's Bouwbedrijf.
Delfin was established as the Development Finance Company by John Marks in 1953. DFC became a public company in 1957 and was listed on the stock exchange in 1959.
Civil & Civic was founded by Dick Dusseldorp in 1951 on behalf of Dutch building companies Bredero's Bouwbedrijf and The Royal Dutch Harbour Company as an Australian building contractor. [1] Its first contract was to supply and erect 200 prefabricated houses for the Snowy Mountains Authority which had been established by William Hudson ...
Due to its expenditure on war materiel, Britain lacked gold reserves and U.S. dollars [3] to pay for existing and future orders with Canadian industry. At the same time, following expansion, Canadian industry was dependent on British contracts and before the war had had a positive balance of trade with the UK, but with the establishment of Lend-Lease, the UK secured future orders with the US.
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In 2008 Lendlease acquired the business and rebranded it Lend Lease Primelife in December 2008. [ 7 ] [ 8 ] [ 9 ] In March 2013 Lendlease sold the aged care part of its primelife business to Archer Capital [ 10 ] and it was rebranded Allity while the independent living retirement villages remained in Lendlease's portfolio.
China's ByteDance, parent of social media app TikTok, plans to invest around 10 billion ringgit ($2.13 billion) to set up an artificial intelligence hub in Malaysia, the country's trade minister ...
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