Foster Wheeler

IFBC was engaged by Foster Wheeler AG and Amec Foster Wheeler plc (formerly AMEC plc) to assess the financial fairness of the offer to the remaining shareholders of Foster Wheeler AG as part of the planned squeeze-out merger. Foster Wheeler AG is a Swiss company engaged in the engineering and construction sector and was listed on the NASDAQ until beginning of December 2014. In February 2014, AMEC plc launched a public tender offer for the shares of Foster Wheeler AG. Until November 2014, 95.3% of the shares outstanding were tendered. Now, a squeeze-out merger under Swiss Merger Law is planned, according to which the remaining shareholders of Foster Wheeler AG shall be paid an adequate consideration.