Has anyone read the article on The Australian, DataRoom this morning?
"Speculation is mounting that the Spanish-controlled majority owners of CIMIC are working on a $1.5bn-plus plan to privatise the Australian services and engineering giant.While it is unclear which adviser is assisting with the move market sources have pointed to investment bank JPMorgan, which is also trying to sell CIMIC’s Thiess business."
Interested in your thoughts on that one...
CIM Price at posting:
$30.87 Sentiment: None Disclosure: Not Held
