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CIMIC in hostile bid for Sedgman

Sedgman a CIMIC target. Maybe Macmahon will be too.

Andrew Duffy
Sedgman previously completed engineer, procure and construct work on La Mancha's gold processing plant.

Sedgman previously completed engineer, procure and construct work on La Mancha's gold processing plant.

The contracting giant already owns 37% of the Queensland-based company and has offered $1.07 a share for the rest of the firm. The deal represents a 35% premium to the last closing price. If it wins...

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