Finance

McDermott completes $475 million sale of storage business it acquired in 2018

Investor group led by Mason Capital Management buys CB&I unit from McDermott

Michael McKelvy, president & chief executive of McDermott International.
Michael McKelvy, president & chief executive of McDermott International.Photo: MCDERMOTT INTERNATIONAL
North America Energy CorrespondentBaton Rouge
Published 9 December 2024, 12:11Updated 9 December 2024, 12:11
McDermott InternationalMcDermottCB&IAmericasNorth America