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Babcock & Wilcox to Relocate Headquarters to Ohio, Move to New Offices in Akron

9/24/2018

(BARBERTON, Ohio – September 24, 2018) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W) announced today it has reached an agreement with joint venture developers Industrial Commercial Properties LLC (ICP) and Industrial Realty Group, LLC (IRG) to lease new office space in the renovated East End development in Akron, Ohio, and that its Barberton and Copley operations will relocate to this new space in 2019. The lease agreement is for an initial term of 15 years. Additionally, B&W announced it is relocating its corporate headquarters to Ohio from Charlotte, N.C.
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B&W Closes Sale of Palm Beach Resource Recovery Corporation

9/18/2018

(CHARLOTTE, N.C. – Sept. 18, 2018) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) announced today that it has closed its previously announced sale of Palm Beach Resource Recovery Corporation (PBRRC) to a subsidiary of Covanta Holding Corporation for $45 million, subject to adjustment. 
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Babcock & Wilcox Announces Second Quarter 2018 Results

8/9/2018

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

8/6/2018

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

5/24/2018

(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.
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