Downer out of mining, energy 

DOWNER is whittling down to become a leaner company focussed on ‘urban services’ and will spin off its mining and laundry businesses it said again today as it reports up to $160 million in losses and plans a $400 million equity raising. 

Downer out of mining, energy  Downer out of mining, energy  Downer out of mining, energy  Downer out of mining, energy  Downer out of mining, energy 

Downer hangs up its hat in solar, mining

 
 
The offer price of $3.75 per share is a 12% discount to Downer‘s closing price of $4.26. 
 
Downer moved out of solar contracting last year.

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