JGC Corporation Announces Sale of Affiliate Interests to KBR
December 20 2010 - 6:08AM
Business Wire
JGC Corporation (TSE:1963) today announced that it will be
selling its 44.94% share interest in M.W. Kellogg Limited (MWKL) to
KBR (NYSE: KBR). MWKL is a UK-based affiliate of both
companies. Following the transaction, MWKL will become a
wholly-owned subsidiary of KBR. The transaction is expected to be
finalized in January 2011.
KBR is a global engineering, construction and services company
supporting the energy, hydrocarbon, government services, minerals,
civil infrastructure, power and industrial markets. For more
information, visit www.kbr.com.
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