Macmahon does good deal: UBS

BROKER UBS has described Macmahon’s acquisition of two specialised underground mining service companies this month for $27 million as a “very positive” development featuring multiple attractions.

Macmahon does good deal: UBS Macmahon does good deal: UBS Macmahon does good deal: UBS Macmahon does good deal: UBS Macmahon does good deal: UBS

A key positive with the Australian Raise Drilling (ARD) and Combined Resource Engineering (CRE) acquisitions was the “attractive price”, with UBS calculating the deal to be 7% accretive in full year

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