(EnergyAsia, February 12) — Australian engineering firm WorleyParsons said it is paying A$1.13 billion to take over Colt Companies, a leading Canadian design and project services business. The acquisition creates a market leader in the high growth Canadian hydrocarbons market and provides a springboard for the next phase of WorleyParsons growth. (US$1=A$1.3). The acquisition…
AUSTRALIA: WorleyParsons group to acquire Colt Companies for A$1.13 billion to tackle Canada’s fast
Posted on February 12, 2007 by EnergyAsia