in trading halt - there is a line or 3 in today's AFR - poised to buy ATC Assoiates (USA) for $100mill. ATC provides environmental, geotechnical, building science, construction materials testing in 39 states across USA (hence a good fit)

likely 1 for 9 rights issue at $4.90 (was $5.99 before halt)

if this is a good buy, then the high AU dollar is having some merit. (but then 'struggling' Coffey would be off limits for a while as potential takeover)