Macmahon circling GBF

LISTED mining contractor Macmahon Holdings has confirmed it is in discussions regarding a potential acquisition of Western Australian mining contractor GBF Underground Mining group.

Macmahon circling GBF Macmahon circling GBF Macmahon circling GBF Macmahon circling GBF Macmahon circling GBF

Macmahon is in discussions with GBF Underground Mining over a potential takeover.

However, Macmahon has not yet entered into any binding agreements or even agreed terms.

Should a deal proceed, Macmahon is confident it will be able to fund it through its cash and debt facilities.