Jacobs to acquire John Wood Group's nuclear business for ~$300 million

Jacobs entered into an agreement to acquire John Wood Group's Nuclear business for an enterprise value of approximately $300 million, expecting to close by fiscal 2020 second quarter. This is a nuclear/engineering services deal, not home-service trades.

“Jacobs has entered into an agreement to acquire John Wood Group's Nuclear business for an enterprise value of approximately $300 million on a debt-free, cash-free basis.”

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