Perenti to take over DDH1

MINING contractor Perenti is to acquire drilling company DDH1, to form a new drilling services division with the existing Ausdrill business.

Perenti to take over DDH1 Perenti to take over DDH1 Perenti to take over DDH1 Perenti to take over DDH1 Perenti to take over DDH1

Takeover target DDH1

Under the terms of a scheme implementation agreement Perenti will acquire all DDH1 shares, with DDH1 shareholders to receive 12.38c plus 0.711 Perenti shares for each share held.

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