B&W Company News
B&W News Room
Showing 1–5 of 56 Results
(Topic: '')
Some results may appear in English

Babcock & Wilcox Announces Completion of CFIUS Review

10/2/2018

(BARBERTON, Ohio – October 2, 2018) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (“B&W”) announced that the Committee on Foreign Investment in the United States (CFIUS) has completed its review of the company’s previously announced sale of its MEGTEC and Universal businesses to Dürr AG (“Dürr”) and determined that there are no unresolved national security concerns with respect to the sale.  All required regulatory reviews for the transaction are now complete, and B&W and Dürr are making final closing preparations.  The parties expect to close promptly.
Read More

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.
Read More

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
Read More

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. 
Read More

B&W Announces Agreement to Sell MEGTEC and Universal

6/6/2018

(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