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Macmahon paying US$70M for GBF

Macmahon will acquire GBF Underground Mining Group for $48M

Kristie Batten
Macmahon contractors underground

Macmahon contractors underground

Macmahon is paying A$48 million cash upfront, follow by two potential earn-out payments capped at A$53.5 million and based on performance over FY20 and FY21. Macmahon CEO Michael Finnegan said the upfront...

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