Murray & Roberts Australia in receivership; McGrathNicol takes keys
Turns out things have moved faster at RUC Cementation Mining Contractors than Street Talk anticipated.
Source: afr.com
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Clock ticks on Murray & Roberts' deal to buy back RUC
Sources said RUC was shopped around with a $100 million odd price tag, and Murray & Roberts’ filings showed it would struggle to fund a deal to buy it alone.
Source: afr.com
Murray & Roberts completes R1.26bn disposal of Gautrain operator stake
Proceeds from the sale will go towards slashing its debt.
Source: moneyweb.co.za
Houlihan Lokey offers up Murray & Roberts' mining contractor, bids due
South African contractor Murray & Roberts’ Australian retreat is gathering steam, with the group seeking offers for its Perth-based underground mining services group RUC Cementation Mining Contractors.
Source: afr.com
Clough, Downer EDI turmoil sparks calls for 'paradigm shift'
Downer EDI boss Grant Fenn could not have had a worse possible exit from the ASX-listed contracting business he has run for the past 12 years.
Source: afr.com