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 hangs up its hat in solar, mining

21 July 2020
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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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