Chicago Bridge & Iron Stock

Chicago Bridge & Iron Company (CBI) last traded at $16.39 per share on the NYSE before its acquisition by McDermott International in May 2018.

The company, founded in 1889, had a market capitalization of approximately $1.68 billion at the time of the merger.

CBI shares are no longer publicly traded following the completed acquisition.

Stock Price of Chicago Bridge

Note: Chicago Bridge & Iron Company was acquired by McDermott International on May 10, 2018. Historical stock data shown reflects trading activity from IPO through the acquisition date. Post-acquisition data is unavailable as shares were delisted.

Chicago Bridge Stock Forecast

As a privately held subsidiary of McDermott International (now part of McDermott Group Holdings), Chicago Bridge no longer has independent stock forecasts available. The acquisition valued CBI at approximately $6 billion in a stock-for-stock transaction.

Prior to acquisition, analysts had mixed ratings on CBI shares due to project execution challenges and cost overruns. The company's Technology and Fabrication Services segments showed stable performance, while Engineering & Construction faced margin pressures similar to other major engineering firms.

Chicago Bridge Valuation

Timeline of Chicago Bridge Funding

1889

Founded in Chicago, Illinois as a bridge construction company with initial private capital investment.

1997

Reincorporated in the Netherlands as Chicago Bridge & Iron Company N.V. and conducted public offerings to fund international expansion.

2007

Raised $450 million through senior notes offering to fund acquisitions and working capital requirements.

2013

Acquired Shaw Group for $3 billion, funded through a combination of debt financing and equity issuance.

2018

Acquired by McDermott International in a $6 billion all-stock merger transaction, ending independent operations.

Chicago Bridge Investors

The Vanguard Group

Shares Held 10.2M

Ownership 9.95%

Value (at acquisition) $167M

Institutional

BlackRock Inc.

Shares Held 8.7M

Ownership 8.48%

Value (at acquisition) $142M

Institutional

Dimensional Fund Advisors

Shares Held 4.1M

Ownership 4.0%

Value (at acquisition) $67M

Institutional

State Street Corporation

Shares Held 3.8M

Ownership 3.7%

Value (at acquisition) $62M

Institutional

Hotchkis & Wiley Capital

Shares Held 3.2M

Ownership 3.12%

Value (at acquisition) $52M

Institutional

LSV Asset Management

Shares Held 2.9M

Ownership 2.83%

Value (at acquisition) $47M

Institutional