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CIMIC sells half of mining contractor Thiess

Deal values mining contractor at $4.3 billion

Kristie Batten
CIMIC sells half of mining contractor Thiess

CIMIC will receive cash of A$1.7-1.9 billion, while the sale will also reduce CIMIC's factoring balance by about $700 million and its lease liability balance by roughly $500 million. The price for Elliott's...

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