MURRAY & Roberts (M&R), the JSE-listed engineering and construction-projects company in talks to sell its building and infrastructure units, said it was evaluating a US oil and gas acquisition and would probably seek a larger international deal in years to come.M&R, which built landmarks such as Johannesburg’s Carlton Centre, Africa’s tallest building, is working to transform itself into an international operator specialising in underground mining, oil and gas, and power and water projects.The mining-industry division has units operating in SA, Australia, Canada and the US, and the next step will be to extend the geographic reach of the oil and gas business, which operates primarily in Australasia, CEO Henry Laas said in an interview on Monday.READ THIS: CEOs cannot afford to ignore brand equity"We want to be a lot more active in Indonesia and a lot more active in the US and Canada," Laas said at Bloomberg’s Johannesburg office. "Those businesses need to grow."The company is doing ...
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