Dec 23, 2010
Aker sells construction unit to US company for £437m
HUNDREDS of workers at the offices of a global engineering firm were told yesterday that the business is to be sold to a US rival in a deal worth about $675m (£437m).
Norwegian firm Aker Solutions said it had agreed to sell part of its process and construction business (P&C), which employs 700 staff in Stockton, to Jacobs Engineering Group.
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Source: The Northern Echo
Category:
Offshore and Energy
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