McAleese delays public share offering

The McAleese Transport stockmarket float may occur early next year but this year is no longer an option.

The Queensland-focused, Mark Rowsthorn-led heavy haulage, liquids general freight and cranes firm has been the subject of ongoing financial media speculation for months on expectation that an initial public offering was due this year.
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IES off the leash and looking to buy

International Energy Services will hit the acquisitions trail now has been freed from the grip of private equity, Managing Director Vin Stenta tells ATN. While praising the experience of working with Champ Private Equity, which Stenta confirms sold IES, for around the speculated $300 million mark, to the Mark Rowsthorn-led McAleese Group, Stenta says IES has a credit line to look for bolt-on acquisitions that he expects to be able to use now.
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