Major Drilling Acquires Bunbury Drilling Company in Australia
Major Drilling is expanding into specialized mine dewatering in Australia through the acquisition of Bunbury Drilling Company.
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12:09:46 PM UTC
SquawkNews
Major Drilling acquired all shares of Bunbury Drilling Company for A$50M upfront, subject to working capital adjustments, plus an earn-out of up to A$20M over three years. The earn-out is tied to EBITDA milestones.Material DetailsContext by AI AnalystThis is a strategic expansion through an acquisi…
12:09:51 PM UTC
SquawkNews
Major Drilling acquires Bunbury Drilling for up to AUD 70 million Major Drilling acquired Austra