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NOV Completes Purchase of NKT Flexibles

Source: www.gulfoilandgas.com 4/4/2012, Location: Europe

Further to the announcement dated February 3, 2012, the Boards of NKT Holding A/S and Subsea 7 S.A. entered into a conditional agreement concerning the sale of NKT Flexibles.Today closing has been completed and NKT Flexibles has therefore been transferred to National Oilwell Varco (NOV) on the terms previously notified.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

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