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McAleese flags $144M writedown

TROUBLED contractor McAleese is expecting to post a $114-144 million writedown after struggling t...

Andrew Duffy
McAleese flags $144M writedown

A large chunk of the impairment is set to focus on the company’s heavy haulage and lifting division, with property, plant and equipment expected to take a $60-70 million hit. McAleese said the writedown...

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