Australia, Jan. 20 -- CIMIC Group is pleased to announce the successful completion of its strategic partnership transaction with Sojitz Corporation, establishing a 50:50 joint ownership structure for UGL Transport.Following regulatory approvals and the fulfillment of customary conditions, Sojitz Corporation has acquired a 50% equity interest in UGL Transport, establishing the joint ownership structure. The transaction values UGL Transport at approximately A$800 million (100% basis), with CIMIC realising cash proceeds of approximately A$500 million.UGL Transport, a division of CIMIC company UGL, is a leading integrated transport services platform operating across Australia and New Zealand. With estimated 2025 revenue of A$1.1 billion, UGL Tr...