B&W Company News
B&W News Room
Showing 1–5 of 54 Results
(Topic: '')
Some results may appear in English

Babcock & Wilcox Announces Second Quarter 2018 Results


- Implementing actions targeting $54 million in total savings - Strategic divestitures anticipated to raise $190 million in combined gross proceeds - Renewable projects progressing toward completion, despite increased estimated costs
Read More

Babcock & Wilcox to Webcast Discussion of Its Second Quarter 2018 Results


(CHARLOTTE, N.C. – August 6, 2018) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (the “Company”) expects to host a conference call and webcast on Thursday, August 9, 2018 at 5:00 p.m. ET. 
Read More

B&W Announces Agreement to Sell MEGTEC and Universal


(CHARLOTTE, N.C. – June 6, 2018) – Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) announced that it had signed a definitive agreement to sell its MEGTEC and Universal businesses to Dürr AG (“Dürr”) for $130 million, subject to adjustment. 
Read More

B&W Confirms Receipt of Steel Partners Non-Binding Indication of Interest


(CHARLOTTE, N.C. – May 24, 2018) – Babcock & Wilcox Enterprises, Inc. (“B&W”) (NYSE: BW) confirmed that it had received a non-binding indication of interest from Steel Partners, which beneficially owns 17.8% of B&W’s outstanding common stock, to acquire B&W in a transaction in which B&W shareholders would receive between $3.00 and $3.50 per share in cash. The non-binding indication of interest assumes the acquisition of all of B&W’s businesses, including its MEGTEC and Universal businesses. B&W announced last year that it was exploring strategic options for those businesses.
Read More

Babcock & Wilcox Announces First Quarter 2018 Results


- Reaffirming 2018 guidance- U.K. Renewable projects progressing towards completion- MEGTEC and Universal strategic processes ongoing- Raised $248.5 million through rights offering; repaid second-lien term loan
Read More