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McDermott to sell CB&I storage unit to Mason-led consortium for $475m
McDermott plans to use the proceeds from the sale to repay CB&I's term loan, cash collateralise certain letters of credit and reduce an existing term loan.
McDermott announces agreement to sell CB&I storage business
McDermott International, Ltd. (Houston) announced it has entered into an agreement to sell its CB&I storage business (CB&I) to a consortium of
Consortium Led by Mason Capital Management to Acquire CB&I From McDermott
from
McDermott
International
, Ltd. ("
McDermott
"). CB&I is the world’s most technically advanced builder of storage facilities serving customers across the water and wastewater, upstream, downstream, petrochemical and industrial sectors. The Company ...
Consortium to purchase CB&I from McDermott
A consortium led by Mason Capital Management announced that it has entered into a definitive agreement to acquire the CB&I storage solutions business from McDermott International, Ltd.
Upstream
6d
McDermott announces $475 million sale of storage business
McDermott International announced a $475 million deal on Monday to sell its CB&I storage business to an investor group led by ...
The Asset
5d
QatarEnergy awards EPCI contract to McDermott
Houston, Texas-based McDermott has won an engineering, procurement, construction and installation (EPCI) contract from ...
10d
on MSN
McDermott awarded EPCI contract for more work on Qatar LNG expansion project
McDermott awarded contract by QatarEnergy LNG for North Field South offshore pipelines and cables, part of project to double ...
Upstream
3d
McDermott secures Saipem ammonia storage contract
McDermott subsidiary CB&I has won a contract to build ammonia storage and other process tanks for Saipem’s Perdaman chemicals ...
Syracuse.com on MSN
7d
Bills’ Sean McDermott roasted for ‘insane management’: ‘There may not be a dumber’ decision
McDermott acknowledged that the loss was on him after the Texans kicked a field goal at the end of regulation to win.
6d
on MSN
It’s too early for Bills to fire Sean McDermott - but the clock is ticking
The Buffalo Bills shouldn’t fire Sean McDermott after their Week 5 loss, but the re-emergence of concerning trends may ...
4d
on MSN
Buzz about Sean McDermott's Bills job security growing louder
Despite turning the Buffalo Bills into a model of consistency, could Sean McDermott be coaching for his job in 2024?
6d
Bills ‘blunder’ wasn’t so bad, but they need help (Davante Adams?): Sando’s Pick Six
The Bills' loss to the Texans was painful, but Sean McDermott's game management wasn't felonious. In fact, his demeanor was ...
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