Business
Why the NRW (ASX:NWH) share price is on watch
The NRW Holdings Limited (ASX: NWH) share price is on watch after an acquisition update from the Aussie mining services group.
Why is the NRW share price on watch?
NRW announced that it has completed the compulsory acquisition of outstanding Primero Group Ltd (ASX: PGX) shares. That means the diversified Aussie mining and construction services group now owns 100% of Primero shares.
It follows NRW’s 24 November 2020 announcement about its $100 million offer for Primero. Primero is a vertically integrated engineering group operating on global resource projects across Australia and North America.
Under the terms of the offer, Primero shareholders received 27.5 cents cash plus 0.106 NRW shares for each Primero share. The NRW share…
-
Noosa News21 hours agoWilliam Robinson dies aged 89
-
General21 hours agoCalls for corruption probe into completion of mayor’s Surfers Paradise Bowls Club site purchase
-
General21 hours agoMatt Wright wanted to hinder investigations into chopper crash ‘at almost any cost’, jury hears
-
Business23 hours agoTop brokers name 3 ASX shares to buy today 27 August 2025