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Profsafe and Floatel to merge

Offshore accomodation providers Prosafe and Floatel International have signed an agreement to merge in an all-share deal. The companies said the merger will help sustain a prolonged cyclical downturn and challenging markets for offshore accommodation. Oslo-listed Prosafe will acquire Floatel with the issuing of Prosafe shares, giving Floatel’s principal shareholders a large shareholding in Prosafe. […]

WP_Post Object ( [ID] => 209205 [post_author] => 74 [post_date] => 2019-06-03 23:30:54 [post_date_gmt] => 2019-06-03 23:30:54 [post_content] =>

Offshore accomodation providers Prosafe and Floatel International have signed an agreement to merge in an all-share deal. The companies said the merger will help sustain a prolonged cyclical downturn and challenging markets for offshore accommodation. Oslo-listed Prosafe will acquire Floatel with the issuing of Prosafe shares, giving Floatel’s principal shareholders a large shareholding in Prosafe. […]

[post_title] => Profsafe and Floatel to merge [post_excerpt] => Offshore accomodation providers Prosafe and Floatel International have signed an agreement to merge in an all-share deal. The companies said the merger will help sustain a prolonged cyclical downturn and challenging markets for offshore accommodation. ... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => profsafe-and-floatel-to-merge [to_ping] => [pinged] => [post_modified] => 2019-06-04 03:30:54 [post_modified_gmt] => 2019-06-04 03:30:54 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=106927 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )