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home / news releases / BCKIF - KBR: Frazer-Nash Acquisition Boosts The Longer-Term Trajectory

BCKIF - KBR: Frazer-Nash Acquisition Boosts The Longer-Term Trajectory

Babcock International Group PLC
  • Babcock recently disclosed the sale of its UK-based subsidiary to KBR for a c. £293 million consideration.
  • The announced acquisition is an excellent strategic fit for KBR and is guided to turn accretive to EPS as well.
  • Relative to its exposure to key growth areas, shares are priced at relatively undemanding valuations.

For further details see:

KBR: Frazer-Nash Acquisition Boosts The Longer-Term Trajectory
Stock Information
Company Name: Babcock International Group PLC
Stock Symbol: BCKIF
Market: OTC
Website: babcockinternational.com
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