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Jacobs Engineering Group Inc (JEC.N)

JEC.N on New York Stock Exchange

58.70USD
14 Dec 2018
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$-1.19 (-1.99%)
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Mon, Oct 22 2018

Australia's WorleyParsons to buy Jacobs energy, resources arm for $3.3 billion

MELBOURNE/NEW YORK U.S. firm Jacobs Engineering Group Inc has agreed to sell its energy, chemicals and resources business to WorleyParsons for $3.3 billion, in a deal that will double the size of the Australian engineering services firm.

UPDATE 2-Australia's WorleyParsons to buy Jacobs energy, resources arm for $3.3 bln

* Jacobs looks to expand in infrastructure (Adds WorleyParsons CEO comments)

Jacobs agrees to sell energy, chemicals business to WorleyParsons for $3.3 bln

NEW YORK, Oct 21 Jacobs Engineering Group Inc has agreed to sell its energy, chemicals and resources business to WorleyParsons for $3.3 billion, the Dallas-based company said in a statement on Sunday.

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