NRW buys BGC Contracting

NRW Holdings is buying the contracting arm of the BGC Group for an equity value of $116.4 million (US$78.8 million) and assuming BGC Contracting’s $193.6 million debt related to asset finance

NRW buys BGC Contracting NRW buys BGC Contracting NRW buys BGC Contracting NRW buys BGC Contracting NRW buys BGC Contracting

BGC Contracting is being bought by NRW Holdings

According to NRW the acquisition is "transformational" and delivers a value accretive step change in scale and diversity for its business across Australia.