Lamprell Seeks MIS Buy-Out As Service Sector Consolidation Continues

Gulf-focused oil field services provider Lamprell confirmed on April 8 2011 that it is in talks with Norway-listed Maritime Industrial Services (MIS) on acquiring 100% of the latter's share capital at an offer price of NOK38 per share - a 13% premium on MIS' Oslo share price as of morning trading on April 8.

To read the full article, please choose one of the following options: