Thiess to acquire mining contractor MACA for A$1.0251/share

Thiess has had a bid accepted to acquire 100% of MACA at A$1.0251/share, a 42.2% premium. The acquisition aims to expand Thiess' hard-rock mining presence in Western Australia.

“The all-cash offer to acquire 100% of the shares of the company at A$1.0251/share represents a 42.2% premium to the MACA one month volume weighted average price as of July 25, 2022.”im-mining.com

• 2 sources
• im-mining.comThiess targets WA hard-rock mining sector expansion with MACA offer - International MiningDaniel GleesonJul 26, 2022
• im-mining.comThiess in leading position to take over fellow contract miner MACA - International MiningDaniel GleesonAug 30, 2022

Summarized from public sources; check the original articles before acting on it.