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Macmahon confirms GBF buy

Macmahon will acquire GBF Underground Mining Group for $48M

Kristie Batten
Macmahon contractors underground

Macmahon contractors underground

The two potential earn-out payments will be capped at $53.5 million and are based on performance over FY20 and FY21. Macmahon CEO Michael Finnegan said the upfront component equated to a small premium...

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