Decmil Group Limited (AU:DCG) has released an update.
Decmil Group Limited’s Scheme Booklet, detailing the terms of its acquisition by Macmahon Holdings, has been registered with the Australian Securities and Investments Commission. The document, which will soon be dispatched to Decmil’s shareholders, includes an expert’s report stating the deal is fair and advises shareholders to consult with advisors before the upcoming vote. Macmahon’s takeover of Decmil hinges on shareholder and court approval, with no required action from Macmahon’s shareholders at this time.
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