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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Worley Limited | ASX:WOR | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.245 | 1.79% | 13.925 | 13.51 | 13.99 | 13.955 | 13.66 | 13.66 | 1,167,585 | 07:50:00 |
From Jan 2020 to Jan 2025
By Rhiannon Hoyle
SYDNEY--Jacobs Engineering Group Inc. (JEC) will sell its energy, chemicals and resources business to Australia's WorleyParsons Ltd. (WOR.AU) for US$3.3 billion.
The deal, comprising US$2.6 billion in cash and US$700 million in WorleyParsons shares, will allow Jacobs to focus on its most profitable units, including its aerospace and infrastructure businesses. Jacobs, via the share deal, will also take a roughly 11% stake in WorleyParsons.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
(END) Dow Jones Newswires
October 21, 2018 20:30 ET (00:30 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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