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BRIEF-CB&I announces intent to sell technology business
August 9, 2017 / 8:48 PM / in 4 months

BRIEF-CB&I announces intent to sell technology business

Aug 9 (Reuters) - Chicago Bridge & Iron Company Nv

* CB&I announces intent to sell technology business

* ‍CB&I has retained Bank of America Merrill Lynch and Wachtell, Lipton, Rosen & Katz to advise on divestiture​

* ‍CB&I intends to maintain its interest in net power technology​

* ‍Sale intended to include former engineered products business, currently part of Cb&I’s fabrication services operating group​ Source text for Eikon: Further company coverage:

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