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...Several remain open but the agency has ended both its ABB and KBR cases in the past 12 months....
...Asian Review + Lex) Apple market value hits $2tn (FT) China’s Pinduoduo clashes with Tesla over heavily discounted car offers (FT) Casper Sleep’s CEO Krim Files for $300 million blank-check IPO (BBG) KBR...
...KBR is an engineering, procurement and construction company incorporated in the US and listed on the New York Stock Exchange....
...The SFO has also launched investigations into the UK units of Swiss engineering company ABB and the UK subsidiaries of KBR, the New York-listed engineering and construction company that was once part of...
...KBR shares ended 13.56 per cent lower at $27.61. Overall, US equity markets ended the week mixed as consumer confidence rose despite the poor weather....
...Mr Moffat joins Lamprell from KBR Group, the Houston-based engineering, construction and services company, where he served in a variety of senior management roles....
...Babcock, Carillion and KBR are among companies thought to have expressed an early-stage interest in the work, which involves managing the entire military estate for the MoD, including 93,000 acres of office...
...She noted that KBR had prepared and served more than 1bn meals and produced more than 25bn gallons of drinkable water and 265 tons of ice....
...None has benefited more than KBR, once known as Kellogg Brown and Root. The controversial former subsidiary of Halliburton, which was once run by Dick Cheney, vice-president to George W....
...MW Kellogg, a British-based, majority-owned subsidiary of KBR, has since been pulled into a separate UK investigation into suspected bribery....
...The $579m in fines paid by Halliburton, the oil services group, and KBR, its former subsidiary, last year after admitting that KBR paid $180m in bribes in Nigeria, set a US record....
...The jointly funded Friendship Bridge, which will be built by a consortium led by KBR, a US engineering company, has also been delayed for more pragmatic reasons....
...Under FCPA, the Justice Department has exacted fines in the hundreds of millions of dollars from Siemens, Halliburton and KBR....
...KBR and Halliburton agreed to pay a combined $579m to settle US criminal and civil allegations that KBR bribed Nigerian government officials to obtain contracts....
...KBR, the engineering, construction and services company, gained 1.8 per cent to $23.32 after winning a contract to work on a gas project at Saudi’s Shaybah oilfield....
...To secure a deal for a gas liquefaction plant in Nigeria, KBR paid over $180m in bribes to top-level Nigerian government and national oil company officials....
...KBR admitted using its subsidiary MW Kellogg, which is based in Middlesex, in an “intentional effort” to “insulate itself” from US laws forbidding bribery of foreign public officials....
...For example, oilfield services company Halliburton put its KBR subsidiary through a prepackaged reorganisation after being overwhelmed by asbestos litigation....
...Two former senior executives of the IMI unit, Control Components Inc (CCI), have already pleaded guilty in the US to making corrupt payments to foreign officials in China, India and the Middle East to win...
...I also like the commodity related stocks that Tontine, one of the best hedge funds ever (until this year) has been selling: Freeport-McMoRan Copper & Gold; Cliffs Natural Resources; KBR Inc....
...KBR, the engineering and construction company, has $10 a share in cash, could earn $2 a share, and has a $20bn backlog of orders. Meanwhile,the stock trades for about $14....
...Earlier this month, Jack Stanley, the former chairman and chief executive of KBR, the global engineering and construction firm based in Houston, pleaded guilty to bribing Nigerian officials to win contracts...
...Halliburton, which was formerly led by US vice-president Dick Cheney, is keen to win Expro, having last year split off KBR, its engineering and construction arm, as a separate company in an attempt to focus...
...Production Services Network emerged last year as one of the top 10 largest private Scottish companies after a $280m buy-out from KBR Halliburton, the engineering arm of the Texas oil and gas services group...
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