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UNDERGROUND

Macmahon buys GBF

As previously speculated, Macmahon will acquire GBF Underground Mining Group

Kristie Batten
Macmahon contractors working underground

Macmahon contractors working underground

Macmahon is paying A$48 million cash upfront, follow by two potential earn-out payments capped at A$53.5 million and based on performance over FY20 and FY21. Macmahon CEO Michael Finnegan told investors...

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