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Friday, May 12, 2017

UK Probes £2.2B Wood-Amec Oil Field Services Merger

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The U.K.’s antitrust watchdog on Thursday launched a review of oil field services firm John Wood Group PLC’s proposed £2.23 billion ($2.73 billion) acquisition of rival Amec Foster Wheeler PLC, saying it must investigate whether the deal will restrict competition within the market.

May 12, 2017 at 01:10AM

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