BUZZ-Australia's Downer EDI rises on $350 million partnering deal
Reuters03-24
BUZZ-Australia's <a href="https://laohu8.com/S/DNERF">Downer EDI</a> rises on $350 million partnering deal
** Shares of Downer EDIDOW.AX rise as much as 2.7% to A$7.740, hitting its highest level since March 6
** Stock logs best trading day since March 10
** Infrastructure co says it had been awarded A$500 million ($350.85 million) long-term partnering agreement with StocklandSGP.AX
** Adds, under deal co to deliver services across SGP's operational assets across New South Wales, Western Australia, Victoria and Queensland
** Stock down 3.5% this year, including the day's move
($1 = 1.4251 Australian dollars)
(Reporting by Rajasik Mukherjee in Bengaluru)
((Rajasik.Mukherjee@thomsonreuters.com))
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