$7.01 -0.0 -0.6%
Last Trade - 06/10/17
Market Cap | £n/a |
Enterprise Value | £n/a |
Revenue | £4.93bn |
Position in Universe | th / 6709 |
Oct 9 (Reuters) - Australian engineering firm WorleyParsons Ltd WOR.AX said on Monday it would buy the former upstream oil and gas assets of Britain's Amec Foster Wheeler Plc AMFW.L for 228 million pounds ($298.22 million), marking its entry into the UK North Sea market. WorleyParsons said in a statement on Monday that it would launch an A$322 million ($250.32 million) entitlement offer to pay for the acquisition. ($1 = 1.2863 Australian dollars) ($1 = 0.7645 pounds) (Reporting by Susan Mathew in Bengaluru; Editing by Byron Kaye and Richard Chang) ((susan.mathew@thomsonreuters.com; +91-80-6749-1130; Reuters Messaging: susan.mathew.thomsonreuters.com@reuters.net)) Keywords: AMEC FOSTER M&A/WORLEYPARSONS