Oilfield service specialists John Wood Group plc and Amec Foster Wheeler plc, each based in the UK but with substantial reach in North America, have agreed to merge in an all-stock deal valued at $2.7 billion.
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Amec, Foster Wheeler $3.2B Tie-Up to Create Upstream, Downstream Services Giant
Natural gas and oil engineering giant Amec plc has an offer on the table to acquire Foster Wheeler AG for $3.2 billion, a merger that would create an upstream and downstream oilfield services behemoth.
January 14, 2014