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Wood Group

Watchdog approves Wood Group and Amec FW merger

The UK’s competition watchdog has approved the remedial plans for the merger of oil engineering firms Wood Group and Amec Foster Wheeler.

The combination is now expected to complete in October 2017, following receipt of merger clearance in Mexico.

The remedy consists of selling off of the majority of Amec Foster Wheeler’s UK upstream oil and gas business.

To read the full article - https://www.energyvoice.com/oi...
Image Credit - Energy Voice


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