WATCH: Are Murray & Roberts and Aton on a collision course?

Engineering and construction company Murray & Roberts is in talks with cash-strapped rival, Aveng about a possible takeover.   No formal offer has been made but the deal would include M&R settling R2bn of Aveng’s debt, which is due in 2019. However, M&R’s majority shareholder, Aton, has said it will not support the proposed transaction. M&R CEO Henry Laas spoke to Business Day TV about the rationale behind the possible deal. OR LISTEN TO THE AUDIO: Listen to all latest podcasts here.

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