Indonesia: Medco to acquire 44.3% of Australian miner MacMahon for $152m

Indonesia: Medco to acquire 44.3% of Australian miner MacMahon for $152m

Indonesia-based oil and gas producer Medco Energi Internasional is acquiring 44.3 per cent of Australian mining contractor MacMahon Holdings, making it the largest shareholder, the company announced recently. The purchase is valued around $152 million.

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