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EU Approves AMEC's $3.7B Takeover Of Rival Foster Wheeler

By Zachary Zagger (July 17, 2014, 5:24 PM EDT) -- The European Commission on Thursday gave its approval to AMEC PLC's £2.0 billion ($3.76 billion) cash and stock deal to acquire Swiss rival company Foster Wheeler AG, finding the relative market positions of the companies did not raise competition concerns....

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