September 20, 2019 / 11:17 AM / 3 months ago

McDermott International gets takeover interest for its Lummus Technology unit

Sept 20 (Reuters) - McDermott International Inc said on Friday it received takeover interests for the acquisition of all or part of its technology business Lummus, that could value the unit at over $2.5 billion.

The oilfield services company said it is now exploring strategic options for the unit.

Shares of McDermott were trading up 26.6% premarket. (Reporting by Arundhati Sarkar in Bengaluru; Editing by Shailesh Kuber)

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