MDU Construction Services Group Rebrands to Everus Construction Group; Spinoff Remains on Track for Late 2024 [Yahoo! Finance]
MDU Resources Group, Inc. (Holding Company) (MDU)
Last mdu resources group, inc. (holding company) earnings: 7/30 04:25 pm
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Source: Yahoo! Finance
Construction Services Group, Inc., has rebranded to Everus Construction Group, Inc. in preparation for the planned tax-free spinoff of the business, expected to be complete late this year. MDU Resources announced on Nov. 2, 2023 , that it plans to spin off the construction services business, which will result in two independent, publicly traded companies. "Rebranding the construction services business prepares Everus to be a standalone, publicly traded company, separate from the MDU ticker symbol," said Nicole A. Kivisto , president and CEO of MDU Resources. "We continue to make good progress toward completing the spinoff late this year. We believe the separation will create value for our shareholders while positioning both companies for focused growth opportunities." Everus Construction Group provides a full spectrum of construction services through its electrical and mechanical, and transmission and distribution specialty contracting services across the United States . More in
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News
- MDU Resources (MDU) Q1 Earnings Increase Y/Y, Sales Decline [Yahoo! Finance]Yahoo! Finance
- MDU Resources Group, Inc. (NYSE:MDU) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- MDU Resources Group First Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- MDU Resources Reports Strong First Quarter Results; Affirms 2024 GuidancePR Newswire
- Are Strong Financial Prospects The Force That Is Driving The Momentum In MDU Resources Group, Inc.'s NYSE:MDU) Stock? [Yahoo! Finance]Yahoo! Finance
MDU
Sec Filings
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/29/24 - Form DEFA14A
- MDU's page on the SEC website