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Technip to buy Shaw Group’s business for €225m
Shaw's revenues are currently around €220m.
By New Statesman Published 22 May 2012
The acquisiton will enhance Technip's position in refining and petrochemicals area.
The French oil service company Technip has signed an agreement to acquire Stone & Webster process technologies and the associated oil and gas engineering capabilities from The Shaw Group for approximately €225m in cash.
Tags: Energy News
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