CMA makes triple play with Riverside deal
Nov 07, 2005 | 09:30 AM
| Jo Clarke
Australia's CMA Corp. Ltd. has agreed to acquire Sydney-based scrap dealer and ingot producer Riverside Metal Industries Pty Ltd., building on two acquisitions made in September.
A relative newcomer to the Australian scrap industry, CMA will pay Australian $5.5 million ($4 million) for privately owned Riverside through the issue of 3.9 million shares and A$2.5 million ($1.8 million) in cash, CMA announced Monday. The deal is subject to due diligence, which is expected to be....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here