The story
In 2006, Doosan Engineering & Construction acquires Mitsui Babcock Energy, the United Kingdom based boiler design and engineering company, for $169.5 million US dollars.
In 2019, Doosan Engineering and Construction is announced to be delisted from the stock market after becoming an affiliate of Doosan Heavy Industries & Construction.
On June 15, 2020, Doosan Engineering and Construction looks to separate from the Doosan Group as it tries to find a buyer. Doosan E&C reported it is spinning off some assets and liabilities to Valuegrowth Corporation and will own 69.5% of Valuegrowth's common stock.
From Wikipedia’s article on Doosan Engineering & Construction, shared under CC BY-SA 4.0.4