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CIMIC wants rest of Macmahon

Heavyweight mining contractor bids for balance of junior player

Mining Journal
CIMIC wants rest of Macmahon

CIMIC, which has 20.5% of Macmahon, is offering A14.5c per share, a 31.8% premium to the stock’s last trading price of 11c. The bid price is a circa-40% premium to VWAP over the past one month and past...

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