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Subsea 7 Makes $2 Billion Hostile Bid to Break Up McDermott’s U.S. Deal

Tags: subsea deal firm
By Nerijus Adomaitis OSLO, April 23 (Reuters) – Offshore oil services firm Subsea 7 has made an unsolicited offer worth about $2 billion for U.S. rival McDermott, potentially breaking up the U.S. company’s agreed deal with onshore engineering firm Chicago Bridge & Iron (CB&I). The deal could make Oslo-listed Subsea 7 the market leader in supplying […]


This post first appeared on GCaptain - Maritime News, please read the originial post: here

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Subsea 7 Makes $2 Billion Hostile Bid to Break Up McDermott’s U.S. Deal

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