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MACA has entered into a binding agreement to acquire Downer EDI Limited's Mining West business for up to A$175 million ($132 million). The acquisition includes four large mining contracts and a fleet of heavy equipment.
“MACA has entered into a binding agreement to acquire Downer EDI Limited’s Mining West business in a deal that could involve a consideration of A$175 million.”im-mining.com
Summarized from public sources; check the original articles before acting on it.