Text-S&P bulletin: Shaw Group unaffected by stake sale
(The following statement was released by the rating agency.) NEW YORK (Standard & Poor's) Sept. 6, 2011--Standard & Poor's Ratings Services said today that its ratings and outlook on The Shaw Group J Inc. (BBB-/Stable/--) are not affected by the company's announcement that its subsidiary, Nuclear Energy Holdings LLC, intends to exercise its put options to sell its 20% stake in Westinghouse Electrical Co. LLC (not rated), a nuclear technology provider, back to majority-owner
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