Sector News

AMEC Successfully Completes Offer For Foster Wheeler

November 14, 2014
Chemical Value Chain
(RTTNews.com) – Engineering and project management company AMEC Plc. and AMEC International Investments BV said the offer to purchase all of the issued and to be issued registered shares of Foster Wheeler AG has been successfully completed. All conditions to the offer have been satisfied.
 
About 99.16 million Foster Wheeler shares were validly tendered into, and not withdrawn from, the offer, representing around 99.03 percent of the outstanding Foster Wheeler shares.
 
AMEC is making the necessary filings today to change its name to Amec Foster Wheeler Plc.
 
Amec Foster Wheeler shares are listed on the London Stock Exchange and its ticker will change from “AMEC” to “AMFW” at the open of the UK market on November 14.
 
Amec Foster Wheeler American Depositary Shares will begin trading on the New York Stock Exchange today on a “when issued” basis under the ticker “AMFW”.
 

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