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Wood Group buys rival Amec Foster Wheeler for $2.7 billion

Cecilia Jamasmie | March 14, 2017 | 3:40 am Energy Europe Potash 

Wood Group is buying rival Amec Foster Wheeler (LON:AMFW) in an all-share takeover deal worth £2.2 billion (about $2.7bn) that brings together two of the UK's largest energy services companies. The transaction comes barely a week before Amec was set to raise...

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