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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
04/03/201309:56:49AMEC Awarded GBP68 Million Clair Ridge Hook Up Contract
08/01/201309:10:24Amec Gets 2 Contracts By Fusion for Energy
04/12/201217:52:25LONDON MARKETS: Tullow Oil Tumbles In Choppy U.K. Market
04/12/201216:00:13LONDON MARKETS: Tullow Oil Tumbles In Wobbly U.K. Market
04/12/201210:00:34LONDON MARKETS: Rio Tinto Rises In Upbeat U.K. Market
03/12/201209:07:00AMEC Gets Contract by Talisman Energy for Brownfield Topside...
25/10/201209:51:05AMEC Forms Joint Venture With Samsung Heavy Industries, Engineering
07/08/201208:40:04Amec gets GBP60 Million Detail Design Contract From GDF Suez
17/07/201217:58:08LONDON MARKETS: U.K. Index Drops Following Bernanke Comments
17/07/201215:31:36LONDON MARKETS: U.K. Index Drops Ahead Of Bernanke Comments
17/07/201214:27:27LONDON MARKETS: U.K. Index Drop Ahead Of Bernanke Comments
17/07/201212:31:38LONDON MARKETS: U.K. Index Down Ahead Of Bernanke Comments
17/07/201210:47:15LONDON MARKETS: U.K. Index Choppy Ahead Of Bernanke Comments
01/05/201207:59:08AMEC Awarded Contract By BP Exploration & Production For FEED...
11/04/201210:21:12Amec Clough JV Gets A$30 Million Contract From Chevron In Australia
05/04/201212:14:48Amec JV Gets Maintenance Support Contract For Eni's Blacktip...
16/01/201210:08:06Amec Gets GBP10 Million BP Project Services Contract For Scottish...
08/01/201213:51:30Amec Investors Call For Share Buyback - Report
15/12/201110:39:56LONDON MARKETS: U.K. Stocks Rise Led By Insurance Stocks
29/11/201108:54:37Minera IRL Makes Final Payment For Ollachea Gold Project Peru

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