ON THE MARKET
- From: Vol 10, Issue 12 (December 2009)
- Category: Need to know
- Country: Austria, India, United Arab Emirates and United States
- Related Companies: AECOM, Arcadis, Balfour Beatty, Boyle Engineering, CH2M Hill, Drake and Scull, Earth Tech, Energy Recovery Inc., FEDCO, Malcolm Pirnie, MWH, Parsons Brinckerhoff, Passavant Roediger, Pump Engineering, R.W. Beck, VA Tech (Wabag) and Wabag India
* VA Tech Wabag, the Indian-Austrian water engineering specialist, is looking to raise $100 million on the Bombay Stock Exchange at the end of next year.
The initial public offering will provide a partial exit for ICICI Ventures, which bankrolled the original buyout of Wabag India. It will enable Wabag to start investing its own cash in water projects, rather than simply building them for others (see story p32).
* Energy Recovery Inc., the desal equipment supply company which floated on NASDAQ in July last year, has ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
