• Offer price of £1.70 cash per MDM share • Foster Wheeler to acquire all of the ordinary shares and options in issue in a cash transaction of approximately £65.3 million (US$109 million ) • Cash ...

ZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq: FWLT) (“Foster Wheeler” or the “Company”) announced today that an indirect wholly owned subsidiary of the Company has entered into a ...

MDM Engineering, a minerals process and project management company focused on the mining industry, has announced that its results for the year will be at least 10 per cent ahead of current market ...

AIM-listed MDM Engineering is to build a new gold plant for mining group African Barrick Gold (ABG), the company announced on Friday. The mining-focused project management firm said that it has signed ...

Foster Wheeler AG ( FWLT) recently announced that its subsidiary will be acquiring South Africa-based mining company, MDM Engineering Group Ltd. for approximately $109 million. Foster Wheeler's ...

A contract for the completion and commissioning of the uranium plant at the Mine Waste Solutions (MWS) tailings recovery project in South Africa has been awarded to MDM Engineering. A contract for the ...

Metallurgical engineering company MDM Engineering has kept its head above water and has been able to secure new contracts despite the depressed market conditions in the mining industry, MDM executive ...

African Barrick Gold has now awarded the EPC contract for its 2.4 million tonne/year Bulyanhulu gold plant expansion in Tanzania to South Africa’s MDM Engineering Group. Johannesburg-based MDM ...

* Additional shareholders representing 21.97 pct of issued ordinary shares of MDM have executed agreements under which they have agreed to vote in favour of recommended offer * Shareholders ...

ZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) (“Foster Wheeler” or the “Company”) announced today that an indirect wholly owned subsidiary of the Company has completed the ...

JOHANNESBURG (miningweekly.com) – Switzerland-headquartered global engineering and construction company and power equipment supplier Foster Wheeler plans to buy 100% of South Africa’s MDM Engineering ...

Foster Wheeler AG announced today that an indirect wholly owned subsidiary of the Company has completed the acquisition of MDM Engineering Group Limited (“MDM”) on terms consistent with the merger ...