CB&I shareholders give OK to purchase of Shaw Group

Dec 21, 2012 | 10:38 AM | Michael Cowden

Tags  CB&I, Chicago Bridge & Iron, Philip Asherman, Shaw Group, piping, steel fabrication, fossil fuels, nuclear energy

CHICAGO — Chicago Bridge & Iron Co. NV (CB&I) shareholders have approved the company’s proposed acquisition of Baton Rouge, La.-based Shaw Group Inc.

The Hague, Netherlands-based energy infrastructure company said Wednesday it expects the transaction to close in the first quarter of 2013, assuming remaining closing conditions are satisfied.....

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