Everus Construction To Be Listed Under Ticker 'ECG' Upon Spinoff From MDU Resources
Portfolio Pulse from Benzinga Newsdesk
MDU Resources is planning to spin off Everus Construction into an independent, publicly traded company under the ticker 'ECG' by late 2024.
September 12, 2024 | 8:36 pm
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MDU Resources is planning to spin off Everus Construction, which may impact MDU's stock as the company restructures its business.
The spinoff of Everus Construction could lead to a restructuring of MDU Resources' business, potentially affecting its stock price. However, the impact is uncertain until more details are available.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80