Shaw Completed Sale of Energy and Chemicals Unit to Technip (SHAW, CBI)
09/04/2012

** The Shaw Group Inc. (Nasdaq:SHAW) reported that it has completed its previously announced divestiture of substantially all of its Energy & Chemicals business to Technip, effective Aug. 31, 2012. Proceeds from the transaction were approximately $290 million in cash.

Online PR News – 04-September-2012 – Las Vegas, NV – SHAW, The Shaw Group Inc. CBI, Chicago Bridge & Iron Company N.V.

SHAW reported that it has completed its previously announced divestiture of substantially all of its Energy & Chemicals business to Technip, effective Aug. 31, 2012. Proceeds from the transaction were approximately $290 million in cash. The completion of this transaction also satisfies one of the conditions of the recently announced agreement for CBI to acquire SHAW. SHAW is a leading global provider of engineering, construction, technology, fabrication, remediation and support services for clients in the energy, chemicals, environmental, infrastructure and emergency response industries. More about SHAW at www.shawgrp.com. CBI provides conceptual design, technology, engineering, procurement, fabrication, construction, and commissioning services to energy and natural resource industries worldwide. More about CBI at www.cbi.com

Video marketing definitely makes an impression as one of the most important types of marketing campaign, even though you can find many other ways to market your online business. Crown Equity Holdings Inc., (CRWE) recenly launched CRWE Tube, www.crwetube.com, a video sharing site that allows billions of people around the world to upload, watch and share original videos. CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. CRWE‘s advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. More about CRWE at www.crownequityholdings.com.

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