BREAKFAST DEALS: Macmahon megadeal

Macmahon's contract with Fortescue comes at the perfect time, while Qantas and Emirates begin their new life together.

Macmahon Holdings has landed a big fish right when it needed to. The megadeal with Fortescue should make the upcoming meeting on the Leighton Holdings construction business sale a little easier to get through. Qantas and Emirates are officially selling tickets together today, effectively beginning their five-year alliance. Meanwhile, the Future Fund is coming under heavier fire for its Australian Infrastructure Fund deal, reports of Santander’s NAB denial completely miss the point and Discovery Metals is expected to reveal its Boseto hand today, with its Chinese private equity suitor watching closely.

Macmahon Holdings, Fortescue Metals Group

Macmahon Holdings has demonstrated a knack for timing with the announcement of a $1.8 billion contract with iron ore miner Fortescue Metals Group.


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles