AMEC plc (AMEC.L) said it has completed the acquisition of MACTEC. As previously announced, the cash consideration was $280 million.
AMEC noted that a small MACTEC subsidiary, MACTEC Development Corp., will be run as a standalone entity, with its existing management, until final regulatory approval is obtained from the US Nuclear Regulatory Commission. This is expected in due course.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.