FLEETS

Thiess' MACA offer to go unconditional at 50%

THIESS has announced that its $1.075c per share cash offer for MACA will go condition free when it gets more than a 50% stake in MACA’s shares.

Thiess' bid for MACA is to go unconditional at 50% acceptance.

Thiess' bid for MACA is to go unconditional at 50% acceptance.

That is providing it has that 50% stake by 5pm, Sydney time, on September 23. At the moment Thiess has bought about 28% of MACA's shares. Thiess has already satisfied the Australian Competition and...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions

editions

Mining Magazine Intelligence Exploration Report 2023 (feat. Opaxe data)

A comprehensive review of current exploration rates, trending exploration technologies, a ranking of top drill intercepts and a catalogue of 2022 Initial Resource Estimates and recent discovery successes.