Veritas to buy capital services business for $755M
March 02, 2017
Construction and Engineering | The Woodlands, TX | Buyout
An affiliate of Veritas Capital has agreed to acquire the capital services business of CB&I (NYSE: CBI), a provider of construction and maintenance services for government agencies and private customers in the energy, chemical, manufacturing and retail sectors. The business will be renamed and operate as an independent company under its existing management team upon closing.