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CGG rebuffs Technip’s merger advances
Submitted by Paddy Harris on Thu, 2014-11-20 09:59
20th November 2014
Technip intended to join CGG’s impressive geophysical portfolio to its own energy EPC business to create a “first tier oil and gas services provider”.
Technip offered 8.30 euros per CGG share but CGG have commented that the conditions to pursue the deal have yet to be met.
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