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As Thiess turns 90, CIMIC takes 60

Engineering giant ups its stake in mining contractor

Staff Reporter
CIMIC has upped its stake in Thiess to 60%. Photo courtesy CIMIC

CIMIC has upped its stake in Thiess to 60%. Photo courtesy CIMIC

Global engineering house CIMIC has entered into an agreement with funds advised by Elliot Advisors to take an additional 10% equity interest in global mining services provider Thiess for $320 million....

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