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Wood Group to acquire Amec in $2.7 billion all-share deal

  Bloomberg John Wood Group Plc agreed to acquire Amec Foster Wheeler Plc in an all-share deal that values the UK engineering-service provider at about 2.23 billion pounds ($2.7 billion). The shares of both companies surged. The takeover comes after several years of pressure on profits for service providers in the energy industry as the slide in oil prices forced ...

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London home price cuts spread as market stagnates

  Bloomberg More London home sellers are having to cut the asking price of their homes, and they’re offering deeper discounts as political uncertainty and high values dampen demand. “Price cuts seen in prime central London in the immediate aftermath of Brexit are now filtering through to outer boroughs,” said Savills Plc residential research director Lucian Cook. “Affordability issues are ...

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Vista to buy DH Corp for $2.03bn, combine with Misys

  Bloomberg Vista Equity Partners LLC agreed to buy DH Corp. in a deal that values the Canadian financial services provider at about C$2.73 billion ($2.03 billion), aiming to create a financial technology powerhouse by combining it with Misys Ltd. Vista will pay C$25.50 a share in cash, according to a statement on Monday. Including debt, the transaction for the ...

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