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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