NEWS ARCHIVE

Merger creates global giant

ENGINEERING and project management company AMEC has purchased all of the issued and to-be-issued registered shares of Foster Wheeler to create a new force in oil and gas, which began trading on the New York Stock Exchange yesterday.

Anthony Barich

Amec Foster Wheeler will be involved in global engineering, project delivery, asset support, power equipment and consultancy following of the $£5 billion ($A9.01 billion) merger. The new company...

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