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Profit at takeover target MACA triples to $43m

Jenny Wiggins
Jenny WigginsInfrastructure reporter

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MACA chief executive David Greig says the Western Australian mining services contractor is willing to consider more takeover bids as the company’s annual profit trebles to $43 million.

Mr Greig was quizzed by investors and analysts on Monday on whether MACA had held further talks with fellow contractor NRW Holdings after last week knocking back its cash and stock takeover proposal.

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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-net-profit-trebles-to-43m-20220822-p5bbo9