PGS : Winds of merger in Norway
>Link-up between Norwegian groups - TGS and PGS yesterday announced their intention to merge. The transaction is expected to take the form of a merger in which PGS shareholders will receive 0.06829 TGS shares for each PGS share (EV of the offer: $ 1.45bn, i.e. EV/EBITDA 2024e of 2.5x). On completion of the transaction, TGS and PGS shareholders will own approximately two-thirds and one-third respectively of the combined company, based on the share capital of each...Petroleum Geo-Services is engaged in providing geophysical services and oil and gas production services. As of Dec. 31, 2001, Co. operated six Ramform design vessels in its marine seismic data acquisition operations.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.