Business
Maca raising $80m to buy Downer’s mining services business – The Australian Financial Review
Listed mining contractor Maca is putting the finishing touches on an $80 million capital raising to fund its purchase of Downer EDI’s WA mining services arm.
Listed mining contractor Maca is putting the finishing touches on a capital raising to fund its purchase of Downer EDI’s Western Australian mining services arm.
Maca is readying a capital raising to buy Downer’s WA mining services arm. Rob Homer
Fund manager sources said the company had Euroz Hartleys Limited in its corner to help it stitch up the deal, which would see it raise $80 million-odd in fresh equity.
Funds raised would be used to help buy Downer’s Open Cut Mining West division for just…
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