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Amec Foster Wheeler plc (2017)

Company NameAmec Foster Wheeler plc (2017)
Stock SymbolAMFW

On July 11, 2017, the Company disclosed that was informed by the UK Serious Fraud Office (“SFO”) that the SFO opened an investigation into Amec Foster Wheeler focused on past use of third parties, and possible bribery and corruption and related offences.

On this news, the Company’s share price fell nearly 2% during intraday trading on July 12, 2017, thereby injuring investors.

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