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    CompaniesHistory.com – The largest companies and brands in the world
    Home»Chicago Bridge & Iron»Chicago Bridge & Iron Stock

    Chicago Bridge & Iron Stock

    • Chicago Bridge & Iron
    • Market Cap
    • Revenue
    • Earnings

    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
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