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Thiess extends $367m MACA takeover bid

Jenny Wiggins
Jenny WigginsInfrastructure reporter

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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

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    Original URL: https://www.afr.com/companies/mining/thiess-extends-367m-maca-takeover-bid-20220902-p5bev3