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MACA raises for Downer Mining West buy

WA company in $175 million debt and equity deal to boost iron ore and gold exposure

Haydn Black

This article is 3 years old. Images might not display.

Downer has claimed to be one of Australia's leading diversified mining contractors, but increasingly felt the unit was a high cost business with slim margins, so wants to get out.   Enter MACA, which...

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