There has been no shortage of money seeking gains, even windfalls, from consolidation of fragmented global mining equipment, technology and services markets over the past 30 years. The trend continued in 2018 with Weir Group's US$1.3 billion acquisition of ESCO Corp, WorleyParsons' $3.3 billion take-out of the Jacobs energy, chemicals and resources business, and other deals such as Ausdrill'...
Consolidation, control and change