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Brad Rogers says the deal will open up a range of new opportunities for the business. Photo: Attila Csaszar

Bis in $1bn debt-for-equity deal

Bis Industries, one of the major transport players in Western Australia, will come under new ownership after a $1 billion debt-for-equity swap deal was struck with its major lenders.

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Bis

Revenue

12th↑John Hughes Group$478.0m
13th↓Minderoo Group$395.0m
14th↑Bis$389.7m
15th-VGW Holdings$379.6m
16th-Linkforce$366.0m
119 private companies - large ranked by revenue most recent financial year

Employees

1st-Toll Group2,000
2nd↑QUBE Holdings1,483
3rd↓Bis1,300
4th↓CTI Logistics912
5th-Linfox900
80 trucking & logistics ranked by total number of WA staff (including long term contractors)

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