Resource Capital Funds
Australia mining: Desert stirrings
A stronger commodity price environment has spurred some opportunistic private equity investment in Australian mining services, but caution remains the mantra in this industry of capricious value drivers
Resource Capital Funds to buy Australia's Ausenco
Resource Capital Funds has agreed to buy Ausenco, an Australia-listed mining services business struggling as a result of the commodities downturn, at an enterprise value of A$153.7 million ($113.3 million).