US LNG and energy engineers McDermott plans to sell Lummus unit for $2.5Bln to start overhaul

Tuesday, 24 September 2019

McDermott International, said it had received unsolicited approaches to sell all or part of its Lummus Technology business with a valuation exceeding $2.5 billion and analysts said this could be the starting point for a corporate overhaul.


Subscriber content
 

This content is available only to subscribers
please log in below or subscribe now / request a free trial		  
 
font size
More to read: « Qatar considers short-list of firms to partner the Ras Laffan expansion Australian LNG operator Woodside signs supply accord at Gastech with Germany’s Uniper »
back to top