Offshore staff

HOUSTON and THE WOODLANDS, Texas – McDermott International Inc. and CB&I have received antitrust clearance in Russia for their proposed combination.

With this clearance, the companies have received all the required competition authority approvals for the transaction.

Themerger remains subject to approval by McDermott’s and CB&I’s shareholders, completion of financing and other closing conditions. It is expected to be completed in 2Q 2018.

03/14/2018