April 16 (Reuters) - Macmahon Holdings Ltd (MAH) :
- MACMAHON TO ACQUIRE DECMIL TO EXPAND CIVIL BUSINESS
- DECMIL ORDINARY SHAREHOLDERS TO RECEIVE A$0.30 CASH PER SHARE
- IMPLIED ENTERPRISE VALUE FOR DECMIL OF A$127 MILLION
- IMPLIED ENTERPRISE VALUE FOR DECMIL OF A$127 MILLION
- TRANSACTION HAS THE UNANIMOUS SUPPORT OF THE DECMIL BOARD
- ACQUISITION TO BE EARNINGS ACCRETIVE AND ALIGNED WITH MACMAHON'S STRATEGIC FOCUS
- NET DEBT AT END OF FY25 NOT EXPECTED TO INCREASE DUE TO ACQUISITION
- TRANSACTION TO BE FULLY FUNDED FROM EXISTING CASH RESERVES, AMONG OTHERS
- ON COMPLETION OF TRANSACTION MACMAHON INTENDS TO OPERATE DECMIL AS UNIT
(([email protected];))
News: MAH Macmahon Holdings To Acquire Decmil To Expand Civil Business
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Last
36.5¢ |
Change
0.010(2.82%) |
Mkt cap ! $786.5M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 36.5¢ | 35.0¢ | $692.3K | 1.934M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3555 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 52108 | 2 |
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| MAH (ASX) Chart |