Brief: McDermott Announces Agreement To Sell CB&I Storage Business Line To Consortium Of Financial Investors
07/10/2024 12:07
Oct 7 (Reuters) - McDermott International Ltd
MCDIF.PK :
* MCDERMOTT ANNOUNCES AGREEMENT TO SELL CB&I STORAGE
BUSINESS LINE
TO CONSORTIUM OF FINANCIAL INVESTORS
* MCDERMOTT INTERNATIONAL LTD - EXPECTS $475 MILLION
PROCEEDS FROM
CB&I SALE
* MCDERMOTT INTERNATIONAL LTD - SALE PROCEEDS TO REPAY CB&I
TERM
LOAN AND REDUCE MCDERMOTT DEBT
Source text for Eikon: ID:nPn7wTCwPa
Further company coverage: MCDIF.PK
((Reuters.Briefs@thomsonreuters.com;))
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