Transfield offer rebuffed

ENGINEERING firm GRD has rejected a takeover bid by maintenance company Transfield Services saying the $A529 million offer significantly undervalued the company.

Transfield offer rebuffed Transfield offer rebuffed Transfield offer rebuffed Transfield offer rebuffed Transfield offer rebuffed

GRD chief executive Cliff Lawrenson said after careful deliberation the company had declined Transfield’s request to undertake due diligence based on its indicative purchase price and the strategic

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