Business
NRW lobs $100m takeover bid at Primero – Australian Mining
NRW Holdings has offered to takeover engineering group Primero Group for $100 million, an offer that the boards from both companies have unanimously agreed to.
Image: NRW
NRW is set to take over engineering company Primero Group for $100 million, an offer that have been agreed to by both company boards.
The offer price will see each Primero share purchased for $0.55 which represents a total equity value of around $100 million.
NRW managing director Jules Pemberton said that the takeover will enhance its minerals, energy & technologies business.
“The acquisition of Primero will provide NRW with the opportunity to expand its minerals, energy and technologies…
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