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Babcock & Wilcox Offloads Key Unit For $177M As It Bets Future On Hydrogen Tech
benzinga.com/markets/asset-sales/25/06/45792106/babcock-wilcox-offloads-key-unit-for-177m-as-it-bets-future-on-hydrogen-tech
Babcock & Wilcox Enterprises, Inc. (NYSE:BW) shares are surging premarket on Thursday after the company disclosed a deal to sell its Diamond Power International business to Austria-based ANDRITZ for $177 million.
The transaction, which is expected to close in about 30 days, will also…
This story appeared on benzinga.com, 2025-06-05 13:10:17.