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Cimic mulls Thiess sale

ENGINEER and contractor CIMIC Group has signed an exclusivity agreement with UK company Elliott Advisors for a potential equity partnership for 50% of the share capital of subsidiary Thiess.

Karma Barndon
Thiess is the world's largest mining services provider

Thiess is the world's largest mining services provider

According to Cimic, Thiess is the world's largest mining services provider and generates about $500 million in earnings a year. The partial sale suggestion follows fellow contractor Downer EDI's announcement...

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