Worley (ASX:WOR) has sold the Capital Projects Advisory business for a cash consideration of approximately $48 million.
Capital Projects Advisory business was acquired by TSA Management Pty Ltd which is a project services consultancy focused on critical infrastructure and property projects across Australia and New Zealand.
CPA is a small part of Worley’s Advisian consulting business.
Shares in Worley (ASX:WOR) are trading 1.14 per cent higher at $10.66.
