LLC.AX is trading 5.7% up at $3.08 as investors react to fresh portfolio streamlining news and the divestment of its Keyton interest.
- Lendlease announced the divestment of its interest in the retirement living business Keyton, a move viewed by the market as a positive step in its ongoing simplification and capital recycling strategy.
- The announcement follows a prolonged share price slump, with buyers appearing to return opportunistically as the company's restructuring efforts gather pace.