BRIEF-McDermott Announces Agreement To Sell CB&I Storage Business Line To Consortium Of Financial Investors-March 2024-www.financetom.com

BRIEF-McDermott Announces Agreement To Sell CB&I Storage Business Line To Consortium Of Financial Investors

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

BRIEF-McDermott Announces Agreement To Sell CB&I Storage Business Line To Consortium Of Financial Investors

Oct 7, 2024 4:24 AM

Oct 7 (Reuters) - McDermott International Ltd ( MCDIF )

* MCDERMOTT ANNOUNCES AGREEMENT TO SELL CB&I STORAGE

BUSINESS LINE

TO CONSORTIUM OF FINANCIAL INVESTORS

* MCDERMOTT INTERNATIONAL LTD ( MCDIF ) - EXPECTS $475 MILLION

PROCEEDS FROM

CB&I SALE

* MCDERMOTT INTERNATIONAL LTD ( MCDIF ) - SALE PROCEEDS TO REPAY CB&I

TERM

LOAN AND REDUCE MCDERMOTT DEBT

Source text for Eikon:

Further company coverage:

Previous page： WeWork co-founder Neumann nears settlement with SoftBank: Source Next page： US orders extra inspection of some Boeing 777s after United incident, Japan suspends use

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

WeWork co-founder Neumann nears settlement with SoftBank: Source

Feb 22, 2021

Under the new proposed terms, SoftBank would purchase around half the shares it had originally agreed to buy, the source said, requesting anonymity as the matter is private.

US orders extra inspection of some Boeing 777s after United incident, Japan suspends use

Feb 21, 2021

The National Transportation Safety Board (NTSB) said its initial examination of the plane indicated most of the damage was confined to the right engine, with only minor damage to the airplane.

Women have three-quarters of the legal rights afforded to men: World Bank report

Feb 23, 2021

Countries are inching toward greater gender equality, but women around the world continue to face laws and regulations that restrict their economic opportunity, the World Bank said in a report released today.

Timeline of events leading to Facebook’s dramatic unfriending of Australian news outlets

Feb 19, 2021

Australian Prime Minister Scott Morrison vowed on Friday to press ahead with laws to force Facebook Inc to pay news outlets for content, saying he had received support from world leaders after the social media giant blacked out all media.