Macmahon Holdings Limited (AU:MAH) has released an update.
Macmahon Holdings Limited is set to acquire Decmil Group Limited, with a second court hearing scheduled for August 5, 2024, to approve the proposed schemes of arrangement. Shareholders are to attend meetings on July 31, 2024, to vote on the acquisition, with significant dates including the suspension of Decmil trading on August 6 and the finalization of the scheme on August 15, 2024. This acquisition marks a significant step in Macmahon’s expansion, pending court and regulatory approval.
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