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CIMIC considers partial Thiess sale

CIMIC Group has signed an exclusivity agreement with funds advised by Elliott Advisors over a potential equity partnership over subsidiary Thiess.

Staff reporter
CIMIC considers partial Thiess sale

The two are negotiating a potential 50% equity investment in Thiess by UK-based Elliott. "The introduction of an equity partner into Thiess would capitalise on the robust outlook for the mining sector...

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