Consortium Led by Mason Capital Management to Acquire CB&I From McDermott
IES Holdings, Inc. (IESC)
US:NASDAQ Investor Relations:
ies-corporate.com/stock-quote
Company Research
Source: Business Wire
All Cash Equity Transaction Establishes CB&I as Strong Independent Company Positioned for Growth With No Funded Debt NEW YORK--(BUSINESS WIRE)--A consortium led by Mason Capital Management LLC (“Mason”), in partnership with IES Holdings, Inc. (Nasdaq: IESC), Nut Tree Capital Management, LP, 683 Capital Management, LLC, First Pacific Advisors, and other investors, today announced that it has entered into a definitive agreement to acquire the CB&I storage solutions business (“CB&I” or the “Company”), the world’s foremost designer and builder of storage facilities, tanks and terminals for energy and industrial markets, from McDermott International, Ltd. (“McDermott”).CB&I is the world’s most technically advanced builder of storage facilities serving customers across the water and wastewater, upstream, downstream, petrochemical and industrial sectors. The Company delivers products and solutions for critical energy infrastructure projects, including complex low temperature and cryogenic
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IESC
News
- IES Holdings Announces Fiscal 2024 Fourth Quarter and Year-End Results Earnings Release ScheduleGlobeNewswire
- IES Holdings, Inc. (NASDAQ: IESC) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- IES Holdings, Inc. (NASDAQ: IESC) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- IES Holdings, Inc. (NASDAQ: IESC) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- IES Holdings Appoints John Louis Fouts to its Board of DirectorsGlobeNewswire
IESC
Sec Filings
- 11/12/24 - Form SC
- 10/2/24 - Form 4
- 10/2/24 - Form 4
- IESC's page on the SEC website