CIMIC Group to acquire an additional 10% stake in Thiess from Elliott for $207m.

CIMIC Group, a construction engineering company, agreed to acquire an additional 10% stake in Thiess, a global mining services provider, from Elliott, a private equity firm, for $207m. “Increasing our ownership of Thiess strengthens CIMIC’s business profile, as it grows its commodities portfolio to include metals and minerals critical to the world's shift to zero emissions and develops services to enable sustainable mining, reflecting the strategic importance of the energy transition to CIMIC," Juan Santamaria, CIMIC Group Executive Chairman.