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Chicago Bridge & Iron to Buy Shaw
Posted by: mariacs4b (110.85.105.---)
Date: February 08, 2013 06:22AM

BY MATT DAY nike air max outlet AND SAABIRA CHAUDHURI Chicago Bridge & Iron Co. agreed to acquire Shaw Group Inc. for 3.04 billion in cash and stock, as the energy-infrastructure construction company seeks to expand in areas such as nuclear-power generation. The combination would create one of the largest global energy-engineering and -construction companies, CB&I Chief Executive Philip K. Asherman said. CB&I's current offerings are focused in the oil and natural-gas sectors. "We will become fully diversified cheap nike air max shoes across the entire energy sector, from power generation to [liquefied natural gas], from refining to gas processing, from offshore to oil sands, and beyond," Mr. Asherman said in a written statement. Shaw, ...




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