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Downer completes sale of Downer Blasting Services
02/03/2021, 08:30 NZDT, GENERAL
DOWNER COMPLETES SALE OF DOWNER BLASTING SERVICES Downer EDI Limited (Downer) announced today it had completed the sale of Downer Blasting Services to Enaex S.A. a subsidiary of Sigdo Koppers Group. As announced on 18 November 2020, the sale price represents an enterprise value of $62 million. Authorised for release by Downer's Chief Executive Officer, Grant Fenn. For further information please contact: Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61 439 470 145 End CA:00368419 For:DOW Type:GENERAL Time:2021-03-02 08:30:08