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Weir Group PLC (WEIR.L)

WEIR.L on London Stock Exchange

2,263.00GBp
23 Apr 2018
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Thu, Apr 19 2018

UK's Weir to buy U.S. mining tools maker ESCO for $1.05 billion

Weir Group Plc , which makes pumps and valves for the mining and energy industries, said it had agreed to buy ESCO Corp. for $1 billion as it looks to bolster its mining business.

UPDATE 2-UK's Weir to buy U.S. mining tools maker ESCO for $1.05 bln

April 19 Weir Group Plc, which makes pumps and valves for the mining and energy industries, said it had agreed to buy ESCO Corp. for $1 billion as it looks to bolster its mining business.

UK's Weir to buy U.S. mining tools maker ESCO for $1.05 bln

April 19 Weir Group Plc, which makes pumps and valves for mining and energy industries, said it would buy U.S.-based ESCO Corp, a maker of mining equipment parts, for an equity value of $1.05 billion.

BRIEF-Weir Group to buy Esco Corporation in $1.28 billion deal

* WEIR HAS ENTERED INTO A BINDING AGREEMENT TO ACQUIRE ESCO CORPORATION ("ESCO"), A US COMPANY BASED IN PORTLAND, OREGON, FOR AN EQUITY VALUE OF US$1,051M AND AN ESTIMATED ENTERPRISE VALUE OF US$1,285M.

UPDATE 1-Weir Group's profit beats as oil and gas business orders surge

Feb 28 Weir Group Plc, a maker of pumps and valves for mining and energy industries, reported full-year operating profit above analysts' expectations, helped by a 67 percent rise in its oil and gas business orders.

Britain's Weir Group posts FY profit above estimates

Feb 28 Weir Group Plc, a maker of pumps and valves for mining and energy industries, reported full-year operating profit above analysts' expectations, helped by a 67 percent rise in its oil and gas business orders.

Weir Group expects FY operating profit to be lower than estimates

Oct 31 Weir Group Plc, a maker of pipes and valves for mining and energy industries, said full-year operating profit was expected to be slightly lower than previously anticipated due to higher costs and investments in its mining business.

BRIEF-Weir says Q3 ‍oil & gas orders up 59 pct

* WEIR GROUP PLC - Q3 ‍OIL & GAS ORDERS INCREASED 59% LEVERAGING DIVISION'S MARKET LEADING PRESSURE PUMPING POSITION​

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