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- SBM Offshore (OTCPK:SBFFY) Friday stated that it has signed two share buy agreements with its companion MISC Berhad forthe complete acquisition of MISC Berhad’s total efficient fairness curiosity within the lease and working entities associated to the FPSO Espirito Santo in Brazil.
- It additionally considers the complete divestment to MISC Berhad of SBM Offshore’s efficient fairness curiosity within the lease and working entities of the FPSO Kikeh in Malaysia.
- This transaction furthers SBM Offshore’s efforts to take care of focus and excellence in its working portfolio.
- Supply: Press Launch
