Share Name Share Symbol Market Type Share ISIN Share Description
Amec Foster Wheeler LSE:AMFW London Ordinary Share GB0000282623 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +14.00p +2.78% 518.00p 518.00p 518.50p 519.50p 496.00p 499.00p 4,991,027 16:35:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil Equipment Services & Distribution 5,440.0 -542.0 -135.6 - 2,020.06

AMEC Buys BCI Engineers and Scientists Inc. For $20 Million Cash

02/02/2011 7:37am

Dow Jones News


Amec Foster Wheeler (LSE:AMFW)
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AMEC PLC (AMEC.LN), an international engineering and project management company, said Wednesday that it has acquired BCI Engineers and Scientists, Inc. (BCI), a Florida-based consulting firm focused on the water and mining sectors, from its owner-managers for a total cash consideration of $20 million.

MAIN FACTS:

-Of the total cash consideration of $20 million, $15 million was paid at closing, with the balance to be paid over the next two years, subject to performance.

-Shares closed Monday at GBP12.51, valuing the company at GBP4.15 billion.

-By Razak Musah Baba, Dow Jones Newswires; 44-20-7842-9275; razak.baba@dowjones.com

 
 

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