INTERNATIONAL engineering and project management company AMEC has announced the beginning of a possible takeover deal with engineering, construction and project management contractor and power equipment supplier Foster Wheeler.
The initial terms of the agreement would deliver approximately one new AMEC share as well as $US16 ($A17.71), together making $32, for each Foster Wheeler share.
The offer amounts to $3.2 billion.
Clough-AMEC director tells Energy News the key to its success in the Bayu-Undan project.
Exclusive: Clough AMEC JV restructured
