Announced
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
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
By continuing, you agree to our Terms & Conditions and our Data Privacy Policy
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.