AmericasContracts and Tenders

McDermott wraps up sale of CB&I to Mason Capital-led consortium

By LNG Prime Staff
McDermott wraps up sale of CB&I to Mason Capital-led consortium
For illustration only (Image: CB&I)

Houston-based McDermott has completed the previously announced sale of its CB&I storage business to a consortium of financial investors led by New York-based Mason Capital Management. The consortium of financial investors led by Mason Capital Management includes IES Holdings, Nut Tree Capital Management, 683 Capital Management, First Pacific Advisors, and other investors. Under the terms…

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