Lendlease Stocks Surge as Takeover Speculation Grows

Lendlease’s shares are trading almost 9% up on opening value today as reports grow that the Australian construction giant had become the target of a Japanese takeover bid. At 4:30pm AEST, Lendlease stock had risen to $13.86, up over a dollar from its previous closing value of $12.74. Stock surged to almost $14 this morning after The Australian first reported…