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...Wood is midway through yet another turnaround after the calamitous 2017 takeover of Amec Foster Wheeler. It is a troubled mid-cap, with a market value of £971mn and negative free cash flow....
...nathalie.thomas@ft.com...
...The team of European head of gas trading Chris Foster, who has a reputation for punchy bets, has helped generate billions of dollars for the fund, according to people familiar with the firm, who say Citadel...
...That photographer is Thomas Ruff, with whom H&deM have been collaborating for decades....
...In Germany the purpose of the law is not to stifle entrepreneurs but “foster innovation” in digital markets, says Mundt....
...Helen Thomas asks what the statement means for business. The war in Ukraine has raised questions about the UK’s energy security....
...agent of Amec Foster Wheeler Energy Limited....
...This exhibition at the V&A invites us into the opulent world of master goldsmith Carl Fabergé and his London clientele....
...Following the toppling of the Colston statue in Bristol last summer, Cardiff City Hall said it would remove a statue of Thomas Picton, the governor of Trinidad who authorised the torture of a 13-year-old...
...Wood said it expected to reach settlements with UK, US and Brazilian authorities by mid-year over their investigations into possible corruption and bribery at Amec Foster Wheeler, the rival energy services...
...The Factory is a source of hope, pride and tension in a city long associated with a progressive, dynamic arts scene (Thomas De Quincey, Norman Foster, Joy Division, The Smiths )....
...Wood has been diversifying away from its North Sea oil and gas roots in recent years, a strategy that was accelerated by its £2.2bn takeover of rival engineering group Amec Foster Wheeler in 2017....
...He is also encouraged by a “V-shaped” recovery in Asia, its largest market, and less dire forecasts for UK consumers....
...“There is a concern about foster and care placements breaking down, as foster carers and care workers self-isolate.” As with other charities, the NSPCC has been forced to adapt....
...and associated persons in respect of the Foster Wheeler business”....
...“Amec Foster Wheeler continues fully to co-operate with and assist the SFO,” the company added....
...Amec Foster Wheeler, the services company that is working towards a £2.2bn takeover by its bigger rival Wood Group, suffered an 18 per cent drop in revenue in the first half of the year as conditions in...
...Wood Group’s £2.2bn takeover of rival Amec Foster Wheeler would accelerate its strategy to reduce its heavy reliance on volatile upstream oil and gas markets by “three to four years”, its chief executive...
...“Amec Foster Wheeler continues fully to co-operate with and assist the SFO.”...
...Wheeler....
...Wood Group, which is hoping to complete a £2.2bn takeover of its more diverse rival Amec Foster Wheeler by the end of the year, warned its performance in the first half of the year was “weaker than anticipated...
...Wood Group’s £2.2bn takeover of its oilfield services rival Amec Foster Wheeler looks likely to gain UK competition clearance after it offered to sell the majority of the target company’s North Sea upstream...
...Shareholders in Amec Foster Wheeler have approved the company’s takeover by rival oilfield services company Wood Group....
...Amec Foster Wheeler and Wood Group are the worst performing shares in Europe this morning, taking a hit after confirmation of an investigation by the UK’s Serious Fraud Office....
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