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New Deal


Announced

Westinghouse to acquire InCon.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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tank inspection

United Kingdom

pipeline inspection

pipeline inspection services

Acquisition

Majority

Private

Pending

Friendly

Single Bidder

Oil Equipment and Services

Test Inspection and Certification (TIC)

Synopsis

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Westinghouse Electric Company, a nuclear energy company is set to acquire Inspection Consultants, a provider of inspection services. Financial terms were not disclosed. "We welcome the highly skilled employee base from InCon to our team, as their expertise further strengthens Westinghouse's operating plant inspection services capabilities and enhances the company's ability to respond to emergent inspection and repair needs across Europe," Tarik Choho, Westinghouse President.

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