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Jun 26, 2023ACQUISITIONAustralia

Perenti to acquire DDH1 for A$410 million

Perenti and DDH1 announced a scheme of arrangement for Perenti to acquire DDH1 for an implied value of A$410 million, split between cash and shares, aiming to create a globally dominant driller.

Value

$275.0M (410.0M AUD)

Status

Announced

Productsdrilling services

CompaniesPerenti acquirer DDH1 target

Sectors#Mining Equipment

“The pair has announced a scheme of arrangement that could see Perenti acquire DDH1 for an implied value of A$410 million.”miningnews.net

1 source
miningnews.netPerenti and DDH1 to mergeHaydn BlackJun 26, 2023

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

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Perenti to acquire DDH1 for A$410 million · Endata