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  • Subsea 7 withdraws its proposal to acquire McDermott
    édité le 03/05/2018 - Plus de news de "Subsea 7" - Voir la fiche entreprise de "Subsea 7"


Subsea 7 withdraws its proposal to acquire McDermott
Subsea 7 S.A. announced that it had taken note of McDermott International, Inc. (“McDermott,” NYSE: MDR) shareholders’ vote in favour of a combination with CB&I (NYSE: CBI). In light of this vote, Subsea 7 confirms that the proposal made to McDermott’s Board of Directors on April 17 and published on April 23 is no longer valid.

Subsea 7 will continue to invest in alternative routes to grow and strengthen its business worldwide, with a focus on differentiation through its market leading capabilities and enabling technology.

About Subsea 7 S.A.

Subsea 7 (Oslo Børs: SUBC, ADR: SUBCY) is a leading global contractor in seabed-to-surface engineering, construction and services to the offshore energy industry. Subsea 7 provides technical solutions to enable the delivery of complex projects in all water depths and challenging environments. Subsea 7 S.A. is listed on the Oslo Bors (SUBC), ISIN LU0075646355.


Origine : Communiqué Subsea 7

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