Doosan buys Mitsui Babcock

Doosan Heavy Industries & Construction in South Korea has sealed a share purchase agreement yesterday with Mitsui Engineering & Shipbuilding Co. in Japan to acquire UK-based Mitsui Babcock Energy Limited, one of the world’s leaders in boiler design and engineering. The $169.5 million buyout of Mitsui Babcock’s entire equity stake is expected to be completed […]