Thiess has extended its $367 million takeover offer for Perth-headquartered mining services group MACA by two weeks after receiving foreign investment approvals.
The takeover bid, which is priced at $1.075 a share, was due to close on September 12. Thiess has to date secured only about 19 per cent of MACA.
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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