Tag Archives: stake

Bassim Shebaro: Jacobs Engineering Raises Stake in Saudi Arabian Venture by 15%

Jacobs Engineering Group (NYSE: JEC) has increased its stake in Saudi Arabia-based construction and engineering services company Jacobs ZATE from 60 percent to 75 percent. Bassim Shebaro, Jacobs group vice president, said Tuesday the investment is part of the company’s efforts to grow its presence in the Saudi Arabian market. …

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Battelle Purchases 11% Stake in Advanced Medical Isotope Corp.

Battelle has bought almost 11 percent of outstanding shares in Advanced Medical Isotope Corp., a nuclear medicine firm that develops brachytherapy products and isotope technologies for healthcare use. The nonprofit research firm acquired its AMIC stake by converting a bond that was issued for partial consideration of medical research at …

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