Aegion (AEGN) agrees to acquire Brinderson L.P. for $150M, a deal that opens up the pipeline...

|About: Aegion Corporation (AEGN)|By:, SA News Editor

Aegion (AEGN) agrees to acquire Brinderson L.P. for $150M, a deal that opens up the pipeline rehabilitation company to a new end market for the maintenance of upstream and downstream facilities. AEGN maintains its 2013 EPS guidance at $1.60-$1.80; sees 2013 return on invested capital of 7%-8%, lower than previous guidance.