Thiess goes unconditional on MACA offer
Jenny WigginsInfrastructure reporter
Updated
MACA investors have been told that Thiess’s bid is now unconditional despite the mining group failing to get at least half of the Perth-based company’s shares by a self-imposed deadline, following a $367 million takeover bid.
Thiess had planned to declare its offer unconditional – which means it cannot return any shares tendered – if investors holding at least half of MACA’s shares had accepted its offer by Friday.
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