First M&A Deal From Gulf of Mexico Fallout

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It was only a matter of time before the fallout of the Macondo oil spill in the Gulf of Mexico (GoM) spurred the start of a wave of M&A activity in the oil industry sector. And here it is: the world's two leading marine engineering companies, UK-headquartered Acergy and Norway's Nasdaq-listed Subsea 7 , are set to merge.