Construction M&A » By The Online Investor Staff, updated Sat., Jan. 23, 7:14 PM
Recent mergers and acquisitions in the Construction M&A category.
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Slide #25. AMEC — Foster Wheeler AG
Acquirer:
AMEC
Acquiree:
Foster Wheeler AG (FWLT)
Details:
Foster Wheeler AG (NASDAQ:FWLT) ("Foster Wheeler" or the "Company") today announced that it has entered into a definitive agreement with AMEC plc ("AMEC") pursuant to which AMEC will make an offer to acquire all the issued and to be issued share capital of the Company. Under the terms of the offer, AMEC will offer to exchange for each outstanding share of Foster Wheeler common stock transaction consideration consisting of 0.8998 shares of AMEC stock and $16.00 in cash.
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Avg. Broker Rec.
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Hold (2.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
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