24
May
19:25
Steel Partners makes offer for B&W
Diversified industrial holding company Steel Partners has made a bid for energy and environmental technologies company Babcock & Wilcox Enterprises (B&W), Kallanish reports.
The non-binding offer would give B&W shareholders $3-3.50/share to acquire the company outright. Steel Partners already possesses a 17.8% minority share in the company.
The acquisition would include all of B&W’s core business segments, including its MEGTEC and Univer…
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Anonymous
Very good overview of the weekly steel market.
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