Technip puts up $1.8B offer for French seismic company
The Paris-based oil and gas equipment supplier said it first approached CGG on Nov. 10, and that it would “like to enter into a constructive dialogue” with the company's board of directors.
View ArticleCGG open to Technip partnership after spurning takeover approach
CGG has lost more than half its market value in the past year as oil majors including Total SA slash spending on exploration.
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