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CIMIC bids for Macmahon

Cash offer made at 30-40% premium

MiningNews.Net

CIMIC, which already holds 20.5% of Macmahon, is offering 14.5c per share, a 31.8% premium to the stock's last trading price of 11c. The bid price is a circa-40% premium to VWAP over the past one month...

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