NRW Holdings (ASX:NWH) Confirms Takeover Discussions With BGC Contracting

NRW Holdings (ASX:NWH) has confirmed media reports that it has been in discussions with Perth-based mining and construction company BGC Contracting regarding a potential acquisition.

NRW confirms it has been selected as the preferred bidder in the sale of BGC Contracting subject to final documentation and a number of conditions.