McDermott to merge with Chicago Bridge & Iron in $6B deal

McDermott International and Chicago Bridge & Iron (CB&I) have agreed to an all-stock merger, creating a company with an enterprise value of about $6 billion, with McDermott shareholders owning 53%.

“McDermott's shareholders will own about 53 percent of the merged company and CB&I will own the rest.”reuters.com

• 1 source
• reuters.comMcDermott to merge with Chicago Bridge in $6 bln dealDec 18, 2017

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