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BRIEF-CB&I signs agreement to sell capital services business
February 28, 2017 / 9:42 PM / 7 months ago

BRIEF-CB&I signs agreement to sell capital services business

Feb 28 (Reuters) - Chicago Bridge & Iron Company Nv:

* Chicago Bridge & Iron Company Nv - deal for $755 million in cash

* CB&I will recognize a pre-tax non-cash goodwill impairment charge of approximately $655 million in Q4 of 2016

* Chicago Bridge & Iron - E. Chip Ray, EVP of CB&I’s capital services operating group, will continue to lead business under Veritas Capital

* CB&I signs agreement to sell capital services business Source text for Eikon: Further company coverage:

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