NRW Settles Media Speculations Over the Potential Acquisition of BGC Contracting

  • Nov 04, 2019 AEDT
  • Team Kalkine

NRW Holdings Limited (ASX: NWH) notifies the shareholders over the recent media speculation related to the company’s interest in the acquisition of BGC Contracting.

  • NRW mentioned as the company continues to pursue to diversify the revenue stream to enhance shareholder returns- the potential interest over the acquisition of BGC Contracting is under discussions with various parties.
  • The company also confirmed that it had been selected as the preferred bidder in the sale of BGC Contracting.
  • However, NRW mentioned that there could be no assurance that any transaction will result from any discussions with BGC Contracting.

 

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