Norwegian Competition Authorities Approve Sale of Reef Subsea

The Norwegian Competition Authorities have approved the sale of GC Rieber Shipping’s share in Reef Subsea to HV V Invest Golf AS and HV V Invest Golf II AS.

The sale was announced on 28 January, and the agreed purchase price between the parties is NOK 175 million.

GC Rieber Shipping decided to sell its stake in Reef Subsea and focus on its core business and expertise within ownership, development and management of advanced vessels within the offshore market.

The transaction is expected to be completed on 26 February 2014.

Subsea World News Staff, February 25, 2014;  Image: Reef Subsea

 

Share this article

Follow Subsea World News

Events>

<< Apr 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

9th Annual Submarine Power Cable and Interconnection Forum

This year’s Advance Submarine Power Cable and Interconnection conference will focus on the cutting edge thinking that is emerging across…

read more >

The 24th Annual PNEC Conference & Exhibition

The 24th annual PNEC Conference and Exhibition  will bring together the industry thought leaders and technology providers that enable the management…

read more >

OWI APAC 2020

Over the two-day conference, 30 expert speakers will share exclusive insight to help drive well work efficiencies through innovative…

read more >

M&CCE Expo Marine & Coastal Civil Engineering 2020

This conferences, events, demos, and competitions provide a productive background buzz throughout M&CCE…

read more >