MACA to disappear from ASX as Thiess takes control
Jenny WigginsInfrastructure reporter
Western Australian mining services group MACA will be delisted from the Australian Securities Exchange after takeover suitor Thiess secured more than 90 per cent of the company.
Thiess was able to climb above the 90 per cent threshold – which allows it to compulsorily acquire MACA’s remaining shares – after the company’s biggest independent shareholder, Ken Kamon, accepted the recommended takeover bid of $1.075 per share.
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