NRW to acquire MACA for $259m.

NRW, a provider of diversified contract services to the resources and infrastructure sectors, offered to acquire MACA, a mining and civil construction company, for $259m. “We are disappointed that the Board of MACA has indicated that it is not willing to entertain our compelling proposal. NRW believed it was uniquely positioned to offer attractive value for all MACA shareholders and, importantly, the benefits of continued exposure to MACA’s business as part of a larger and diversified provider of contract services to the resources, infrastructure and energy sectors across Australia," Jules Pemberton, NRW Managing Director.