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OFS - Shaw exits McDermott as an independent pipe fabricator - June 2020



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Shaw is back in business as an independent company, although with a more limited scope than it had in 2013 when it became part of Chicago Bridge and Iron. Ithaca Acquisitions Holdings completed the acquisition of the former pipe fabrication assets of The Shaw Group from McDermott International. Ithaca Acquisitions Holdings will rename itself Shaw Acquisitions Holdings and operate the business as Shaw. Financial terms were not disclosed. Shaw’s global footprint includes 2 million......
 
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