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DDH1 to acquire Swick and create 'world leading mineral driller'

Proposed scrip deal combines surface and underground drilling businesses

Michael Quinn
DDH1's rigs at work

DDH1's rigs at work

The result will see DDH1 atop a business with pro-forma revenue last financial year of $445 million and earnings (EBITDA) of $103 million. Swick's planned demerger of its Orexplore business later this...

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