Firm Shake-Up Amid Talk of Takeover Bid

Summary


Engineering group Amec today announced a major restructuring amid speculation of a pounds 1.2bn takeover approach.

The firm, which has more than 600 workers based at its Darlington operations, is to sell its French engineering unit Amec Spie and plans to split its remaining business in two.

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Extract


Firm Shake-Up Amid Talk of Takeover Bid

The move comes as Amec also reportedly became a...

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