MDM Engineering Group Ltd : * MDM and Foster Wheeler receive merger approval from Tanzanian fair competition commission* Confirm that approval for proposed merger with Foster Wheeler AG has been received from Tanzanian fair competition commission* Application with South African competition commission is progressing with a determination expected during August 2014. Source text for Eikon: Further company coverage:
Foster Wheeler AG (Foster Wheeler) is a supplier of engineering, construction and project management contractor and power equipment. Shares of FWLT fell by 0.68% or $-0.23/share to $33.39. In the past year, the shares have traded as low as $20.20 and as high as $34.95. On average, 633768 shares of FWLT exchange hands on a given day and today's volume is recorded at 311635.
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