Babcock & Wilcox Reaches Agreement to Sell its Italian and Swedish Businesses
Babcock & Wilcox Enterprises, Inc. (BW)
Last babcock & wilcox enterprises, inc. earnings: 3/1 04:42 pm
Check Earnings Report
US:NYSE Investor Relations:
babcockwinery.com
Company Research
Source: Business Wire
- B&W to receive approximately $40 million in cash at closing, subject to customary adjustments and expenses- Action aligns with company’s stated strategy to reduce long-term debt and optimize capital structure AKRON, Ohio--(BUSINESS WIRE)--Babcock & Wilcox Enterprises, Inc. (“B&W” or the “Company”) (NYSE: BW) announced today it has reached an agreement to sell its Italy-based SPIG S.p.A. (SPIG) group of companies and Sweden-based Babcock & Wilcox Vølund AB formerly known as Götaverken Miljö AB (GMAB) to funds managed by AUCTUS Capital Partners AG, a European private equity firm, for approximately $40 million, subject to customary adjustments and expenses. The deal is expected to close at the end of October and is subject to the satisfaction of customary closing conditions.“This sale aligns with our previously-announced strategy to divest certain non-core businesses and assets to reduce our debt, improve our balance sheet and increase liquidity,” Kenneth Young, B&W Chairman and Chi
Show less
Read more
Impact Snapshot
Event Time:
BW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BW alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BW alerts
High impacting Babcock & Wilcox Enterprises, Inc. news events
Weekly update
A roundup of the hottest topics
BW
News
- Babcock & Wilcox Enterprises, Inc. (NYSE: BW) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Babcock & Wilcox Enterprises Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Some Babcock & Wilcox Enterprises, Inc. (NYSE:BW) Analysts Just Made A Major Cut To Next Year's Estimates [Yahoo! Finance]Yahoo! Finance
- Cooling Towers Market Projected to Surpass US$5 Billion by 2029, Fueled by Technological Innovations and Industrial Boom | 2024 Industry Research [Yahoo! Finance]Yahoo! Finance
- Babcock & Wilcox Receives Full Notice to Proceed on $246 Million Contract for Indiana Power Plant Coal-to-Gas Fuel-Switching ProjectBusiness Wire
BW
Earnings
- 11/12/24 - Miss
BW
Sec Filings
- 11/21/24 - Form S-3
- 11/13/24 - Form 4
- 11/12/24 - Form 8-K
- BW's page on the SEC website