HOUSTON, Dec 20, 2010 (BUSINESS WIRE) --
JGC Corporation (TSE:1963) today announced that it will be selling its 44.94% share interest in M.W. Kellogg Limited (MWKL) to KBR (NYSE: KBR). MWKL is a UK-based affiliate of both companies. Following the transaction, MWKL will become a wholly-owned subsidiary of KBR. The transaction is expected to be finalized in January 2011.
KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power and industrial markets. For more information, visit
www.kbr.com.
SOURCE: KBR
KBR
Rob Kukla, Jr., 713-753-5082
Director, Investor Relations
investors@kbr.com
Gabriela Segura, 713-753-8694
Director, Communications
gabriela.segura@kbr.com