19 January 2011 17:04 [Source: ICIS news]
TORONTO (ICIS)--Shaw Group has agreed to a $23m (€17m) deal to acquire full ownership of Shaw Rolta, its chemical and process engineering joint venture in ?xml:namespace>
Mumbai-based Shaw Rolta, which was formed in 2004 as an equal joint venture between Shaw and Rolta
Shaw CEO Jim Bernhard said Shaw Rolta was a key element in his company's strategic growth plan as a competitive international engineering, procurement and construction contractor.
“Full ownership of this office will allow us to operate more effectively as we pursue significant industry opportunities in
($1 = €0.75)
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