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AUSTRALIA

US company to acquire The MAC

RESOURCES accommodation provider The MAC Services Group is backing a $651 million takeover of the company by New York-listed Oil States International.

Kristie Batten

The Texas-based oil and gas services provider has offered $3.90 per share, a 21.6% premium to The MAC's 30-day volume-weighted average price. The MAC has entered into a scheme implementation agreement...

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