Subsea 7 withdrew its offer to acquire DOFG for $1.04bn.

Synopsis

Subsea 7, a Luxembourgish-domiciled subsea engineering, construction and services company serving the offshore energy industry, withdrew its offer to acquire DOFG, an integrated offshore services company, for $1.04bn. The board of DOFG concluded that NOK35 per share is below the equity valuation expectation of the board and its current shareholders.

Principals

target

Dof Group Asa

bidder

Subsea 7

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Market Context

Sort

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy