Lend Lease takes hit on Fox Studios investment

By 2000-07-13T18:31:00

Lend Lease Corporation, which half-owns Sydney's Fox Studios Australia, has made a provision of $47m (A$80m) after tax to cover its losses from the failure of the 19-month-old Backlot, one of three distinct parts of the studio and entertainment development. It will also make an appropriate write-down of the value ...

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