[theold]

Lendlease has sold half of its stake in the company’s life sciences operations in Asia, simplifying its business ahead of a showdown with angry shareholders clamouring for a complete overhaul of the global property giant.

Dissident high-profile investors led by John Wylie’s Tanarra Capital have called for a shake-up of Lendlease’s complicated empire, management changes, and are manoeuvring to get a seat at the table for the company’s next phase.

https://www.smh.com.au/business/companie...5jees.html