Aegion Corporation (AEGN)
AEGN Price and Sentiment
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ST. LOUIS, May 17, 2021 (GLOBE NEWSWIRE) -- Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation and protection solutions, today announced the successful completion of the previously announced transaction under which affiliates of New Mountain Capital, L.L.C. (“New Mountain”) acquired all outstanding shares of Aegion for $30.00 per share in cash.
LEAWOOD, KS / ACCESSWIRE / May 12, 2021 / TortoiseEcofin today announced that Aegion Corp (NASDAQ:AEGN) will be removed from the Ecofin Global Water ESG Index SM (EGWESG) pending the close of the announced merger transaction with affiliates of New Mountain Capital, LLC. If approved, AEGN will be removed from the index at market open on Monday, May 17, 2021.
Aegion's (AEGN) first-quarter results are supported by solid Insituform and Corrosion Protection businesses.
Aegion (AEGN) delivered earnings and revenue surprises of -38.46% and -7.74%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Pending Transaction with New Mountain on Track to Close Shortly Following Anticipated Stockholder Approval at May 14 Special Meeting of Stockholders
Aegion (AEGN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ST. LOUIS, April 21, 2021 (GLOBE NEWSWIRE) -- Corrpro, an Aegion Corporation (NASDAQ: AEGN) subsidiary offering complete cathodic-protection expertise and solutions for pipeline integrity and other critical infrastructure, today announced that David Kroon, Senior Vice President and Senior Fellow, is a 2021 recipient of the AMPP/NACE Fellow Award. The honor is given in recognition of distinguished contributions in the field of corrosion and its prevention; and to develop a broadly based forum for technical and professional leaders to serve as advisers to the Association. Mr. Kroon was honored “for his lifetime of accomplishment, developing and implementing corrosion control technology and his leadership in numerous committees, each supporting NACE International's missions,” according to the organization's website.
Aegion (AEGN) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
The stock price of Aegion Corporation (Nasdaq: AEGN) increased by over 7% during intraday trading. This is why it happened.
Aegion Enters into Amended Merger Agreement with Affiliates of New Mountain Capital to Increase Consideration to $30.00 Per Share in Cash2021-04-14 08:30
All-Cash Transaction Valued at Approximately $1.1 Billion