RCR rincon resources limited

Logical heresay . Mergers and acquisitions seem to be on the...

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    Logical heresay . Mergers and acquisitions seem to be on the minds of quite a few of the big players
    https://www.insideconstruction.com....train-engineers-advantage-infrastructure-boom
    Salini, which has built its business through mergers and acquisitions, including the 2015 purchase of US construction group Lane, plans to grow organically in Australia."
    Salini is huge

    Cimic wanted McMahon last year for $174 million but did not get it https://www.theaustralian.com.au/bu...h/news-story/a3c233e2b6c77128653cfe3bd62b3ecd

    And Downer didn’t stop after Spotless last year https://www.downergroup.com/downer-acquires-envista

    My main shareholding is in the most excellent NRW Holdings which operates at a more personal level than those giants (market cap under $640 million) but even there our CEO, Jules Pemberton, was saying at the Diggers and Dealers this week in Kalgoirlie that he wouldn’t be averse to more M and A....https://www.australianmining.com.au...nrw-holdings-thrives-off-golding-acquisition/

    I’d say it’s a given the company will be sold sooner or later as you’ve said Financial Review ‘heard’ they had already put the word out it was for sale late last year .
    Big question is how much is it worth to the buyer?
    Last edited by sabine: 09/08/18
 
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