Foster Wheeler to Acquire 100% Stake in MDM Engineering

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20 Mar 2014 14:24 Helen Clark

CHEMMONITOR.COM – Foster Wheeler (Switzerland) is going to acquire MDM Engineering firm (South Africa). The deal will cost about USD 109 million. The transaction is still to be approved by MDM Engineering shareholder. The acquisition complies with Foster Wheeler’s strategy of enhancing its global capability and capacity.

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