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Foster Wheeler To Acquire MDM Engineering Group Limited

2014-03-17 01:43:18| chemicalonline News Articles

Foster Wheeler AG (“Foster Wheeler”or the “Company”) announced recently that an indirect wholly owned subsidiary of the Company has entered into a merger implementation agreement (“MIA”) with MDM Engineering Group Limited (AIM:MDM) (“MDM Engineering”) to acquire all of the ordinary shares and options in issue of MDM Engineering in a cash transaction valued at approximately $109 million (the “Transaction”)

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