US billionaire snaps up Aussie engineering firm for $900m
Brad ThompsonReporterSep 22, 2023 – 5.25pmResource Capital Funds has sold engineering and consulting firm Ausenco for about $900 million in a deal with a US billionaire and private equity firms looking to boost their exposure to battery minerals and energy transition.
The $US578 million sale comes nine years after RCF took the Australian mining-focused engineering firm private in a deal valued at about $150 millionand removed it from the ASX.