Downer EDI buys Salteri family's Tenix business for $300m

By Sarah Thompson, Anthony Macdonald and Jake Mitchell
Updated October 20 2014 - 11:18am, first published 10:49am
Tenix had initially sought to raise funds through selling a stake or listing its shares on the stockmarket, but then decided to accept Downer EDI's offer. Photo: Jessica Shapiro
Tenix had initially sought to raise funds through selling a stake or listing its shares on the stockmarket, but then decided to accept Downer EDI's offer. Photo: Jessica Shapiro
Tenix had initially sought to raise funds through selling a stake or listing its shares on the stockmarket, but then decided to accept Downer EDI's offer. Photo: Jessica Shapiro
Tenix had initially sought to raise funds through selling a stake or listing its shares on the stockmarket, but then decided to accept Downer EDI's offer. Photo: Jessica Shapiro
Tenix had initially sought to raise funds through selling a stake or listing its shares on the stockmarket, but then decided to accept Downer EDI's offer. Photo: Jessica Shapiro
Tenix had initially sought to raise funds through selling a stake or listing its shares on the stockmarket, but then decided to accept Downer EDI's offer. Photo: Jessica Shapiro
Tenix had initially sought to raise funds through selling a stake or listing its shares on the stockmarket, but then decided to accept Downer EDI's offer. Photo: Jessica Shapiro
Tenix had initially sought to raise funds through selling a stake or listing its shares on the stockmarket, but then decided to accept Downer EDI's offer. Photo: Jessica Shapiro

Sydney's wealthy Salteri family has sold contractor Tenix to Downer EDI for $300 million, as revealed by Fairfax Media on Monday morning.

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