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Murray & Roberts Holdings Ltd Receives Federal Court Approval For Scheme of Arrangement To Acquire Clough Limited

Wednesday, 20 Nov 2013 03:48am EST 

Murray & Roberts Holdings Ltd announced that the Federal Court of Australia (Court) has on November 20, 2013 made orders approving the Scheme of Arrangement (Scheme) between Clough Limited (Clough) and its shareholders under which Murray & Roberts will acquire all of the ordinary shares in Clough that Murray & Roberts does not already own (Proposed Acquisition). The Scheme will become effective on November 21, 2013. Implementation of the Proposed Acquisition is expected to occur on or about December 11, 2013 after which Clough will become a wholly owned subsidiary of Murray & Roberts. 

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30 Apr 2015