Industrial Stocks News Downer EDI (DOW)

Downer EDI (ASX:DOW) specialises in the engineering, construction, telecommunications, mining and resource sectors in Australia, New Zealand and the greater Asia Pacific region.

It has been one of the shares to sell in recent times, having shed more than 50% of its value since January 2010.

Today, DOW stated it has been approached by parties looking to purchase its consultancy practice – CPG Asia, CPG Australia and CPG New Zealand.

DOW is currently conducting a review to optimise its business structure.

DOW shares have slumped around 2% so far, mirroring the fall in the stock market.

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