McDermott to Sell CB&I Storage Business for $475MM
McDermott International Ltd is selling its CB&I storage business to a consortium of financial investors led by Mason Capital Management. Under the terms of the agreement, McDermott said it expects to receive $475 million before taxes and transaction expenses. The transaction is expected to be completed in the fourth quarter.
McDermott subsidiary CB&I has won a contract to build ammonia storage and other process tanks for Saipem’s Perdaman chemicals ...
Houston, Texas-based McDermott has won an engineering, procurement, construction and installation (EPCI) contract from ...
McDermott awarded contract by QatarEnergy LNG for North Field South offshore pipelines and cables, part of project to double ...
McDermott Will & Emery and Squire Patton Boggs have both added finance partners in London, as the U.K. capital continues to ...
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