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AMEC Buys BCI Engineers and Scientists Inc. For $20 Million Cash

LONDON -(Dow Jones)- AMEC PLC (AMEC.LN), an international engineering and project management company, said Wednesday that it has acquired BCI Engineers and Scientists, Inc. (BCI), a Florida-based consulting firm focused on the water and mining sectors, from its owner-managers for a total cash consideration of $20 million. MAIN FACTS: -Of the total cash consideration of $20 million, $15 million was paid at closing, with the balance to be paid over the next two years, subject to performance. -Shares closed Monday at GBP12.51, valuing the company at GBP4.15 billion. -By Razak Musah Baba, Dow Jones Newswires; 44-20-7842-9275; razak.baba@dowjones.com

Share News for Amec (AMEC)
DateTimeHeadline
05/03/201418:38:19Barratt Developments Returns to FTSE 100
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24/01/201408:40:22ITM Power Inks Contract with AMEC and National Grid
13/01/201409:10:04Amec Makes Provisional $3.2 Billion Offer for Foster Wheeler
06/01/201409:05:25Amec Gets 6-Year Nexen Petroleum UK EPC Contract
12/12/201317:24:16LONDON MARKETS: FTSE 100 Slides To Lowest Close In Two Months
12/12/201317:21:24EUROPE MARKETS: European Stocks Drop For Third Day; Peugeot Slides
12/12/201315:20:35LONDON MARKETS: FTSE 100 Heads For Lowest Close In Two Months
13/11/201310:53:40AMEC Gets Contract for GDF Suez E&P UK's Cygnus Field
24/09/201317:38:49LONDON MARKETS: U.K. Stocks Bounce Back From Two-week Low
12/09/201317:33:51LONDON MARKETS: FTSE 100 Stays At Four-week High In Choppy Trade
12/09/201312:27:11LONDON MARKETS: FTSE 100 Slips From Four-week High
19/08/201317:40:49LONDON MARKETS: Miners, Vodafone Lead FTSE 100 Lower
29/07/201311:36:33AMEC Gets EPC Contract from Dominion Resources
11/06/201308:49:28AMEC Awarded Environmental Consulting Pact for BP Worldwide Projects
10/06/201307:47:34AMEC Awarded GBP110 Million North Sea Contract Extension from...
05/06/201313:23:25Amec Gets Procurement, Construction Contract by Dominion Resources

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