# Macmahon to acquire equipment from PT Amman Mineral

Macmahon Holdings will acquire equipment with an estimated value of about $150 million from PT Amman Mineral Nusa Tenggara, issuing new shares equal to 40-50.1% of its expanded share base.

- Type: Acquisition
- Announced: 2017-03-01
- Where: Indonesia
- Value: $150.0M
- Status: announced
- Products: mining equipment
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Macmahon Holdings](https://endata.com/companies/22329.md) (acquirer)
- [PT Amman Mineral Nusa Tenggara](https://endata.com/companies/22554.md) (target)

## Sources

- [australianmining.com.au](https://www.australianmining.com.au/macmahon-reveals-indonesian-contract-acquisition-mine-assets/), 2017-03-01: "Macmahon would acquire equipment with an estimated value of about $US150 million from the AMNT-operated Batu Hijau copper-gold mine."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.