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Home / Mining Services / NRW Holdings responds to media speculation

NRW Holdings

  • ASX: NWH
    • Mining Services

NRW Holdings responds to media speculation

  • 22 May

NRW Holdings Limited (ASX: NWH) notes the recent media speculation regarding an acquisition of BGC Contracting. In response to these reports, and consistent with statements made in the Company’s Half Year reporting in February 2019, NRW continues to pursue opportunities to further diversify its revenues. The Company is not currently pursuing any acquisitions to the value speculated in the media or that are otherwise sufficiently advanced to warrant disclosure at this time.


NRW Holdings Limited (ASX: NWH) notes the recent media speculation regarding an acquisition of BGC Contracting. In response to these reports, and consistent with statements made in the Company’s Half Year reporting in February 2019, NRW continues to pursue opportunities to further diversify its revenues.

This may include investment in new businesses or acquisitions where considered appropriate, as demonstrated by NRW’s acquisition of Golding in 2017 and more recently the RCR Mining Technology and Heat Treatment business units.

The Company is not currently pursuing any acquisitions to the value speculated in the media or that are otherwise sufficiently advanced to warrant disclosure at this time. The Company confirms that it is in compliance with ASX Listing Rule 3.1 (Continuous Disclosure).

Peter Klinger

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