M&R enters agreement in bid to regain parts of Australian units
Creditors will vote on the deed of company arrangement in May
28 March 2023 - 11:28
The share price of Murray & Roberts (M&R) had its highest leap since November after the group revealed it could soon regain control of parts of its Australian businesses after entering an agreement on how it will repay its debt and continue operating.
The share price surged by as much as 17% to R1.16 on Tuesday before settling at R1.13 by the end of trade, representing a 14.4% jump...
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