May 23, 2018 / 8:27 PM / 3 months ago

BRIEF-Steel Partners Says Proposed To Buy All Babcock & Wilcox Shares

May 23 (Reuters) - Babcock & Wilcox Enterprises Inc:

* STEEL PARTNERS HOLDINGS LP - ON MAY 23, SUBMITTED PROPOSAL TO BOARD OF BABCOCK & WILCOX ENTERPRISES WITH RESPECT TO ACQUISITION OF COMPANY

* STEEL HOLDINGS-PURSUANT TO PROPOSAL, PREPARED TO BUY ALL BABCOCK & WILCOX SHARES IT DOES NOT CURRENTLY OWN FOR PRICE IN RANGE OF $3-$3.50PER SHARE IN CASH

* STEEL HOLDINGS - PROPOSAL BASED UPON ACQUISITION OF ENTIRE BABCOCK & WILCOX ENTERPRISES , INCLUDING MEGTEC AND UNIVERSAL BUSINESSES

* STEEL PARTNERS HOLDINGS LP REPORTS 17.8 PERCENT STAKE IN BABCOCK & WILCOX ENTERPRISES AS OF MAY 23 - SEC FILING Source text: (bit.ly/2GLPm9o) Further company coverage:

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