MARKETS

Service Stream announce acquisition of Comdain

NETWORK telecommunications services company Service Stream, has made a tilt to acquire utility and energy provider Comdain Infrastructure which provides engineering and asset management services to the gas sector in the eastern states.

paul hunt

Image obtained: Comdain Infrastructure

Service Stream will spend A$161.7 million which consists of $93.7 million payable in cash and $68 million of scrip, both payable at completion in Service Stream ordinary shares. The cash consideration...

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