Adelaide Brighton crunches numbers on Penrice quarry business
The $2 billion Adelaide Brighton Ltd cement company is among groups conducting due diligence on a limestone and marble quarry being sold off by the administrators of the failed ASX-listed Penrice Soda which collapsed in April with debts of $150 million-plus.
The $2 billion Adelaide Brighton Ltd cement company is among groups conducting due diligence on a limestone and marble quarry being sold off by the administrators of the failed ASX-listed Penrice Soda which collapsed in April with debts of $150 million-plus.
Adelaide Brighton is a major customer of the quarry near Angaston in South Australia’s Barossa Valley, one of two assets up for sale under administrators McGrathNicol.
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