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WorleyParsons to acquire Jacobs ECR

Jacobs sells down for debt

Paul Hunt
WorleyParsons to acquire Jacobs ECR

  The deal will be financed through a A$2.9 billion entitlement offer, as well as, a stock issuance from WorleyParsons worth A$985 million at a price of A$16.92 per share, giving Jacobs an 11% stake...

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