Macquarie Infrastructure and Real Assets (MIRA) has completed the implementation of the Scheme of Arrangement for 100% ownership of Bingo Industries. Under the Scheme, BINGO shareholders received an all-cash consideration of AUD3.45 (US$2.53) per BINGO share or mixed cash and unlisted scrip alternative at the equivalent of AUD3.30 (US$2.42) per share, comprised of AUD1.32 (US$0.97) in cash and the remainder in unlisted scrip in Recycle and Resource Holdings Limited.
Bingo Industries is a fully integrated, recycling and waste management company with operations across New South Wales and Victoria. It provides end-to-end solutions across the resource management supply chain including collection, processing and recovery, disposal and manufacturing.
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