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MACMAHON HOLDINGS LIMITED — M&A Activity 2008
Jun 17, 2008
65291_rns_2008-06-17_78200d72-394b-48ef-97fc-fe00aa307a73.pdf
M&A Activity
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Wednesday 18 June 2008
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ASX Announcement
Takeover Offer for Ausdrill
Macmahon Holdings Limited (“Macmahon”) wishes to advise that statements attributed to Ausdrill Managing Director Ron Sayers in relation to Macmahon’s Takeover Offer for Ausdrill are incorrect.
Reuters has reported Mr Sayers as saying: “We understand Macmahon has been in talks with North American companies to sell our Australian assets in the event they get the company”.
This is simply incorrect. Macmahon views the Australian business as a core part of Ausdrill.
None of the Macmahon Board, Management or the Company’s advisers have had discussions with any parties in relation to this matter.
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Media contact: Gareth Widger Group Public Affairs Manager Mobile: 0419 918 272 Investor contacts: Nick Bowen Chief Executive Officer Telephone: (08) 9365 1200 Ross Carroll Chief Financial Officer Mobile: 0417 096 478
Macmahon Holdings Ltd ABN 93 007 634 406
Level 3 1 Adelaide Terrace East Perth WA 6004 PO Box 198 Cannington WA 6987 Telephone: (08) 9365 1111 Facsimile: (08) 9365 1186 Web: www.macmahon.com.au Email: [email protected]