Macmahon Holdings Limited (AU:MAH) has released an update.
Macmahon Holdings Limited has moved forward with its significant offer to acquire Decmil, with the Australian Securities and Investments Commission registering the scheme booklet. The proposed deal offers a substantial premium to Decmil shareholders, with shares valued at $0.30 each, and has been unanimously recommended by Decmil’s directors. The acquisition is deemed fair and reasonable by an independent expert, bolstering Macmahon’s position for the upcoming shareholder meetings.
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