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MACA investors have tough decision on Thiess takeover

Jenny Wiggins
Jenny WigginsInfrastructure reporter

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MACA shareholders have a month to decide whether to accept a $350 million takeover bid from Thiess or risk becoming a minority investor in a company controlled by the mining contractor.

A cash takeover offer worth $1.025 per MACA share will close on September 12, unless extended.

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Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com

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    Original URL: https://www.afr.com/companies/mining/maca-investors-have-tough-decision-on-thiess-takeover-20220812-p5b9bz