CB&I is selling the Capital Services division of its company to a New York-based private equity firm, Veritas Capital. CB&I President and CEO Philip Asherman announced the $755 million deal late Tuesday in an quarterly earnings conference call with analysts. The deal will have implications for some 1,500 CB&I employees in the Baton Rouge area
CB&I selling Capital Services business to PE firm that hopes to increase jobs in Baton Rouge
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