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In September 2011, Toshiba was reported to be in talks to acquire the Shaw stake. [1] Toshiba is paying $1.6 billion for the 20% stake under a Shaw-owned option, Shaw CEO J.M. Bernhard Jr. said. Shaw said it was the 50% rise in the yen on its yen-denominated debt over five years which led it to exercise its sale option.
THE WOODLANDS, Texas--(BUSINESS WIRE)-- CB&I (NYS: CBI) announced today that it has completed the acquisition of The Shaw Group. CB&I and Shaw shareholders overwhelmingly approved the transaction ...
CB&I Shareholders Approve Acquisition of Shaw Group. THE WOODLANDS, Texas--(BUSINESS WIRE)-- CB&I (NYS: CBI) today announced that at the Company's special meeting of shareholders held on December ...
Infrastructure engineering and construction firm CB&I announced in a press statement Wednesday that more than 90% of shareholders voted to approve the company's planned acquisition of Shaw Group .
The company was founded in 1966 as Capital Cable Television Company, Ltd. by JR Shaw in Edmonton. The company was acquired by and amalgamated into Rogers Communications in 2023; most operations were rebranded to the Rogers brand beginning in July of that year, with services and sponsorships in former Shaw markets having used the transitional ...
In 2012, the French engineering conglomerate Technip acquired Stone & Webster's energy and chemical business, and process technologies and associated oil and gas engineering capabilities from The Shaw Group. The CB&I acquisition of other assets of The Shaw Group, also in 2012, resulted in the formation of a nuclear power subsidiary, CB&I Stone ...
In September 2024, The Globe and Mail reported that rival conglomerate Quebecor (which had acquired Freedom Mobile from Shaw as a condition of the Rogers–Shaw purchase) [79] had made offers to acquire Corus, and was seeking to have the company's debt written down by 60% to ease a potential acquisition. Company representatives had met with ...
CB&I Announces Expiration of HSR Waiting Period for Pending Shaw Acquisition THE WOODLANDS, Texas--(BUSINESS WIRE)-- CB&I (NYS: CBI) announced today that the waiting period for U.S. antitrust ...