Scrap metal group CMA Corporation Ltd has completed its $40 million acquisition of Victoria-based Southern Rocycling, after winning shareholer approval and raising $37 million in an entitlement issue.
Scrap metal group CMA Corporation Ltd has lodged its prospectus for a shareholder entitlement issue raising $37 million to fund the acquisition of Victoria-based Southern Rocycling.
Perth-based scrap metal group CMA Corporation Ltd will acquire Victorian scrap metal recycling group Southern Rocycling through a share sale agreement, the company announced today.
