Index’s three brokers – Goldman Sachs, Euroz Hartleys and JPMorgan – were underwriting the raising on Wednesday night, after taking bids from a bunch of institutional investors.
The M&A, worth about $330 million, would bolster Imdex’s direct-to-mining customer sales, and increase its geographic footprint. Street Talk revealed Imdex’s interest in Norway-based Devico on Tuesday night.
The exchange has drafted in gun communications specialist Tracy Lee as its general manager for corporate affairs, as new boss Helen Lofthouse shuffles the top ranks.
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