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M&R acquires another US-based firm

By:  
Creamer Media Social Media Editor & Senior Writer
 
MERGERS & ACQUISITIONS
JSE-listed engineering and construction group Murray & Roberts’ (M&R’s) Cementation Americas, which forms part of the M&R Underground Mining platform, has acquired 100% of Terra Nova Technologies (TNT) for $38-million. The acquisition will be funded from a revolving and term loan credit facility, as well as from existing cash resources.
 
 
 
 
 

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