Lend Lease Group (LLC) said its UK public private partnership business, Catalyst Lend Lease, has agreed to sell its 50% financial interest in Queen’s Hospital, Romford, to HSBC Infrastructure Company Limited for about $43 million. The group said completion of the sale is expected on 3 December 2009 with certain conditions remaining. Lend Lease said Catalyst Lend Lease would continue to provide management services to the acute care hospital and Vita Lend Lease would continue to provide lifecycle maintenance to the hospital facilities. Catalyst Lend Lease was awarded the £261 million Romford contract in January 2004 after which it worked in partnership to open the hospital in November 2006 following construction.

Macquarie Media Group (MMG) shares were placed in trading halt prior to the commencement of trade Friday. MMG requested its shares remain halted until the earlier of the commencement of trading on Monday, 30 November 2009 or when the company makes an announcement concerning the completion and outcome of the bookbuild referred to below. The company announced single bookbuild accelerated renounceable entitlement offer on Wednesday, 28 October and under the terms of the offer, the bookbuild is scheduled to occur today. MMG anticipates that the bookbuild would represent approximately 41.4 million shares, or approximately 11% of the shares on issue post allotment of all shares offered.