in this issue
Regions :: Western Europe :: U.K.
AMEC signs preliminary agreement to acquire Foster Wheeler for $3.3 billion
January 13, 2014 | Natasha Alperowicz
Foster Wheeler (FW; Zug, Switzerland) announced today that following a comprehensive review of strategic alternatives, it has provisionally agreed with AMEC (London) on non-binding outline terms concerning a possible business combination of the company and AMEC. The announcement confirms earlier reports that AMEC is in talks to acquire FW and is in response to a recent announcement by AMEC. FW and AMEC have negotiated non-binding terms of a business combination under which AMEC would acquire each outstanding share of FW’s common stock for transaction...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee