Original article by Paul Garvey, Bridget Carter
The Australian – Page: 17 & 19 : 4-Oct-16

Directors of listed mining services group Bradken have endorsed a takeover bid from Hitachi Construction ­Machinery. The offer of $A3.25 per values Bradken at $A688.5m, or $A976.1m when its debt is included, and is 34 per cent higher than the stock’s last trading price. The Japanese suitor boasts annual sales of $A10bn and a market capitalisation of $A5.5bn. President and CEO Yuichi Tsujimoto says the two companies’ operations are complementary.

CORPORATES
BRADKEN LIMITED – ASX BKN, HITACHI CONSTRUCTION MACHINERY COMPANY LIMITED, PACIFIC EQUITY PARTNERS PTY LTD, BAIN CAPITAL LLC, KOCH INDUSTRIES INCORPORATED, CHAMP PRIVATE EQUITY PTY LTD, SIGDO KOPPERS SA, EMECO HOLDINGS LIMITED – ASX EHL, AUSENCO LIMITED – ASX AAX, CARDNO LIMITED – ASX CDD, SEDGMAN LIMITED