Streetbeat News

BFLBY

Bilfinger SE

https://www.bilfinger.com/

CEO

Thomas Blades

Industry

General Warehousing and Storage

Open

15.15

Mkt cap

2.9B

Volume

878

High

15.53

P/E Ratio

15.08

52-wk high

15.65

Low

15.15

Div yield

0.03

52-wk low

8.40

Fluor Corp (FLR) has agreed to sell its Stork business in Europe and its turbo blading manufacturing operation in the U.S. to Bilfinger SE (BFLBF, BFLBY). The company also settled with the U.S. Securities and Exchange Commission (SEC) for $14.5 million over an investigation into its accounting practices. The sale is part of Fluor's strategy to focus on its core businesses and is expected to be completed in H1 2024.

Portfolio Pulse from Shivani Kumaresan

September 07, 2023 | 10:56 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.