Latest acquisition offer from Sidara, formerly Dar Group, was its third in recent weeks but still "significantly undervalued" the energy specialist, it said.
Jacobs says planned spinoff continues of its Critical Mission Solutions business, which employs 16,000 of its 60,000 employees, but KBR said on Aug. 21 that a rumored purchase "does not align with ... its capital deployment and strategic priorities and thus is not being pursued.”
The U.K.-based engineer's board had agreed to talks with Apollo after its
latest $2.1-billion purchase offer made in April, but neither company would say why discussions ended on an
official deal.
Purchase of Asia-Pacific assets of Perth contractor Clough “guarantees the continuity" of firm projects and employment for 1,100 employees, says the Italy-based buyer.