Monday, 13 January 2014

Amec offers £1.9bn to buy Swiss rival Foster Wheeler



UK engineer Amec has provisionally agreed a £1.9bn takeover of Swiss rival Foster Wheeler in a deal which it says offers "a compelling proposition". Amec said the tie-up, which is still subject to shareholder approval, would create "double-digit" earnings growth within the first twelve months. via Pocket http://www.bbc.co.uk/news/business-25711210#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

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