McDermott International Ltd is selling its CB&I storage business to a consortium of financial ... proceeds from the sale will be used to repay CB&I's existing term loan, cash collateralize certain ...

The $490 million sale validated Alterra IOS' business strategy after "a 10-year journey for us in industrial outdoor storage.

These type of warehouses typically sell for higher prices because of the expensive refrigeration and cooling equipment.

A U.S. bankruptcy judge approved a sale of Tupperware Brands on Tuesday, paving the way for the iconic food storage company to soon exit Chapter 11 protection and continue offering its products while ...