Mining services provider Perenti on Wednesday confirmed that it was considering the potential purchase of ASX-listed Downer EDI’s mining services division, but dismissed claims that it would be offering up to A$700-million for the division.
A report in The Australian Financial Review this week stated that binding offers from strategic and private equity bidders would need to be submitted by the end of the week, with Downer EDI looking for offers in the region of A$700-million for its mining services business.