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Macmahon Holdings has rejected a $25 million takeover offer for the group’s construction business from Singapore’s Sembawang engineering group, citing the bidder’s inconsistent conduct and breach of normal commercial confidentiality.

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Macmahon rejects bid

Macmahon Holdings has rejected a $25 million takeover offer for the group’s construction business from Singapore’s Sembawang engineering group, citing the bidder’s inconsistent conduct and breach of normal commercial confidentiality.

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    Original URL: https://www.afr.com/markets/commodities/companies-briefs-20130115-jiep1