Iraq Helps Halliburton Turn $1bn Loss to $2.4bn Profit
“We believe the IPO market in general, and the public market for engineering and construction companies in particular, is very attractive, and a public valuation of KBR would benefit Halliburton's stock price. Valuation multiples of publicly traded engineering and construction firms are currently very favourable.”
Dave Lesar, CEO, Halliburton.
Sheila McNultyin, “Halliburton to spin off KBR,” Financial Times
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