Report
Fugro : Divestment Seabed de-risks investment case
>Divestment Seabed Geosolutions, new CFO and new Chairmain - This morning, Fugro announced it has reached a binding agreement with PXGEO Seismic Services Limited (PXGEO) to sell certain assets and the related business of its non-core subsidiary Seabed Geosolutions for $ 16m (approx. € 14m) in cash. The transaction is expected to be completed mid-2021. The cash proceeds are in line with the book value of the divested business and are expected to cover anticipated restr...
Underlying
Fugro N.V.
Provider
Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Thijs Berkelder
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