Its also the loss of another iconic Australian business. Don’t be fooled into thinking ownership is transferring from a WA to a Qld company. Theiss is owned by CIMIC (50%) and Elliott Investment Management (50%). CIMIC is owned by Hochtieff which is owned by the ACS Group, a Spanish construction company. Elliott is an American investment management firm.
MLD Price at posting:
$1.07 Sentiment: Buy Disclosure: Held
