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Babcock & Wilcox Enterprises, Inc. faces an asset-based credit facility repayment of $123.4 million in November and $108.4 million in repayments on its senior notes due in February 2026. The company is set to sell its boiler cleaning segment, Diamond Power International, for $177 million. BW remains a Sell as long as net income and free cash flow are negative. Management raised a return to posi...
AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W announced today that it has reached an agreement to sell its Diamond Power International business to Austria-based ANDRITZ for $177 million.
MIAMI--(BUSINESS WIRE)--Galloway Capital Partners, LLC and its affiliate, Diveroli Investment Group (collectively, “Galloway”), announced today a 4.31% stake in Babcock & Wilcox Enterprises, Inc. (NYSE: BW), a U.S.-based global leader in energy and environmental technologies and services. Bruce Galloway, the Founder and Chief Investment Officer of Galloway, stated, “Based on our analysis, we be...
AKRON, Ohio--(BUSINESS WIRE)---- $BW--Babcock & Wilcox Enterprises, Inc. announced it has entered into privately negotiated exchanges with a limited number of noteholders.
AKRON, Ohio--(BUSINESS WIRE)---- $BW--Babcock & Wilcox Enterprises, Inc. will host a conference call and webcast on Monday, May 12, 2025 at 5 p.m. ET.
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