Babcock Wilcox Enterprises, Inc. (NYSE: BW) announced today the closing of the previously announced sale of its Diamond Power International business to Austria-based Andritz AG for $177 million, subject to customary adjustments and expenses.
About Babcock Wilcox
Headquartered in Akron, Ohio, Babcock Wilcox Enterprises, Inc. is a leader in energy and environmental products and services for power and industrial markets worldwide. Follow us on LinkedIn and learn more at babcock.com
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Contacts:
Investor Contact:
Investor Relations
Babcock Wilcox
704.625.4944
investors@babcock.com
Media Contact:
Ryan Cornell
Public Relations
Babcock Wilcox
330.860.1345
rscornell@babcock.com