Babcock & Wilcox Enterprises Completes Sale of Italian, Swedish Units

MT Newswires Live

2024/10/31

Babcock & Wilcox Enterprises (BW) said Thursday that it has completed the sale of Italy-based SPIG and Sweden-based Babcock & Wilcox Volund to AUCTUS Capital Partners.

The sale of the units was for around $40 million, with some standard adjustments and expenses, the company added.

Shares of Babcock & Wilcox Enterprises were down 3.2% in recent trading activity.

Price: 2.30, Change: -0.08, Percent Change: -3.16

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Wilcox Enterprises (BW) said Thursday that it has completed the sale of Italy-based SPIG and Sweden-based Babcock &amp; Wilcox Volund to AUCTUS Capital Partners.</p><p>The sale of the units was for around $40 million, with some standard adjustments and expenses, the company added.</p><p>Shares of Babcock &amp; Wilcox Enterprises were down 3.2% in recent trading activity.</p><p>Price: 2.30, Change: -0.08, Percent Change: -3.16</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4182","symbol_name":"重型电气设备","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2479032532","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479032532","pubTimestamp":1730387142,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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