CIMIC increases ownership of Thiess to 60%
By API User
CIMIC Group has entered into an agreement with funds advised by Elliott Advisors (UK) Ltd (Elliott) regarding the acquisition by CIMIC of an additional 10% equity interest in Thiess, a leading global mining services provider. The acquisition, for a purchase price of A$320 million, increases CIMIC’s ownership of Thiess to 60%. CIMIC and Elliott will … Continued