METS

Macmahon raises $46M

MACMAHON has successfully raised $A46 million through its institutional share placement, a move which also saw Leighton increase its stake in the contracting major to about 18.6%, strengthening its position as Macmahon’s biggest shareholder.

Kate Haycock

Macmahon raises $46M

Macmahon said Leighton had taken up its full entitlement in the offer, increasing its holding in Macmahon to around 18.6% prior to the start of the retail component of the entitlement offer. The retail...

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