Fluor Corp (NYSE:FLR) has agreed to sell its Stork business in Belgium, Germany, the Netherlands and its turbo blading manufacturing operation in the U.S. to industrial services provider Bilfinger SE (OTC:BFLBF) (OTC:BFLBY). The financial details of the transaction were not disclosed.
This divestiture advances Fluor’s strategic initiative to focus on its core businesses and capital priorities.
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