30Jul

CB&I Acquires Shaw in $3 Billion Deal Expanding Global Footprint

Chicago Bridge & Iron Company N.V. (NYSE:CBI), usually known as CB&I, and internationally as an energy infrastructure company, announced its agreement to acquire The Shaw Group Inc. (NYSE:SHAW), which specializes in power generation and government services, in a $3 billion deal.

The deal will pay $46 a share in cash and stock for Shaw’s shareholders, and represents a whopping 72 percent premium over the closing price of Shaw’s . . .

SORRY!

This content is exclusively for paying members. Sign up here

If you are subscribed and having an account error please clear cache and cookies if that does not work email support@valuewalk.com or click chat

Author

The post above is drafted by the collaboration of the ValueWalk Team.

Related Posts

market news Morning News
15Jul

After Market Report: Crocs, Leap Wireless, WebMD, Ingredion

By

Today's market saw generally positive trading with the major indices edging up at the close of the day. The S&P 500 rose by 0.14% to sit at 1,682.50, the... read more

Ulster Bank
11Mar

Is RBS Planning On Merging Ulster Bank With Permanent TSB?

By

Major changes are coming at troubled Ulster Bank. The institution, owned by Royal Bank of Scotland Group plc (NYSE:RBS) (LON:RBS), has been losing money hand over fist since the... read more

03Apr

Morning Market News – April 3rd 2012

By

 Every morning ValueWalk puts out a news report with the latest news in global stock markets, company news, and global economic news. Market Levels US:  Dow Futures: 13168.00 (-0.16%), S&P 500... read more

12Apr

There's Nothing Wrong With Cash. Stop Trying To Ban It

By

There's Nothing Wrong With Cash. Stop Trying To Ban It by Lawrence H. White, Foundation For Economic Education The Case against Cash Prohibition From time to time we hear calls for... read more

28Aug

Littleton, Co Shudders As Fake Shooting Report Jolts Memories

By

Littleton, Colorado has a scared past with shooting rampages, most notably when two teens went on a shooting spree on April 20, 1999 at Columbine High School, murdering 13... read more

Brexit
15Jun

Brexit Called Worst Than Lehman As UK Chancellor Warns Of Tax Hikes

By

As the June 23rd Brexit vote approaches, the “remain” camp is pulling out the big threats, taking no chances as polls show an increasing movement towards the “leave” camp.... read more

29Nov

Nuns In Germany, In Search For Yield, Sell Deutsche Bank Shares After Learning About SWAPs

By

Is this the top version #389 featuring Nuns Amid a global search for yield in a sea of negative interest rates in Europe sits a solitary convent in Germany. The... read more

19May

Jefferies "On almost all measures, risk appetite is insatiable"

By

There is an “insatiable” risk appetie" in markets, a Jefferies report notes, as the “front loading of positions in some futures markets” is causation for a price drop in... read more

Egypt
02Feb

Moon Capital: Seeking Value In Egypt

By

Moon Capital is not afraid to go into markets where other investors are scared to enter. Q4 hedge fund letters, conference, scoops etc TheDigitalArtist / Pixabay The $900 million emerging market asset... read more

Bronte Capital Amalthea Fund
21Aug

Bronte Capital Shareholder Letters: The Generalized Short-Selling Debacle Of 2013

By

Bronte Capital has racked up one of the most impressive performances of its hedge fund peer group over the past six years. From inception during the first-half of 2009,... read more

X
Saved Articles
X
TextTExtLInkTextTExtLInk

The Life and Career of Charlie Munger

Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing
Never Miss A Story!
Subscribe to ValueWalk Newsletter. We respect your privacy.

Are you an intelligent investor?

ValueWalkPremium is a website and newsletter for smart investors like yourself. We focus on the latest hedge fund industry news much of which is not in the public domain and obtained via our sources.

We also have 10 years of resources on how to use this information to better your investment process.

Sign up for  today for only a few dollars a day and get a 3 day no obligation trial with a targeted 20% discount coupon code.

Cancel anytime during trial and you are never charged.

Limited time offer: For first 50 subscribers

0