Germany, July 1 -- HOCHTIEF company CIMIC Group has acquired the remaining interest in Thiess Group, returning the global mining services business to full ownership.CIMIC has acquired the remaining interest in Thiess for A$1.18 billion. The acquisition follows CIMIC's sale of Thiess into a joint venture in 2020. Since 2020, Thiess has continued to rebalance its portfolio, expanding its presence in metals, critical minerals, underground mining, asset management and rehabilitation services. Thiess will continue to operate as a global mining services business within the CIMIC Group. There is no change to its client commitments, people focus or safety priorities.
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