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Jul 21, 2020

Downer drive to reshape its business model

Downer drive to reshape its business model

Downer EDI has launched a $400 million equity raising to boost its balance sheet as it flags a loss of about $156 million for 2019-20. The company has announced a package of initiatives to reshape the business and has resumed efforts to sell its mining business. “Downer is currently exploring the potential sale of the…

This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ Geo, iQ Miner’s Life, iQ Rockhampton, iQ Coal and Mining North, iQ Coal and iQ Geo, iQ Civil and iQ Coal, iQ Civil and Mining North, and iQ Civil and iQ Geo members only.
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