DOW 0.78% $5.16 downer edi limited

News: DOW Australia's Perenti says considering takeover of Downer mining arm

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    Feb 5 (Reuters) - Australian mining services provider Perenti Global Ltd (PRN) said on Wednesday it was considering buying Downer EDI's (DOW) mining servicing business.

    Perenti said the potential offer value of A$700 million ($471 million) reported by the Australian Financial Review was "significantly above" what was being considered.

    ($1 = 1.4843 Australian dollars)

 
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