Subsea 7 offers to buy McDermott [Reuters]
MCDERMOTT INTL (MDR)
Last mcdermott intl earnings: 11/4 04:15 pm
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mcdermott-investors.com/phoenix.zhtml?c=96360&p=irol-calendar_pf
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Source: Reuters
Subsea 7 SA (SUBCY.PK) Key Developments | Reuters.com April 24 (Reuters) - Saipem CEO Stefano Cao says::ONSHORE DRILLING BUSINESS COULD BE CANDIDATE FOR COMBINATION WITH OTHER OPERATORS IN THE SECTOR. Full Article April 24 (Reuters) - Saipem CEO Stefano Cao says::SUBSEA 7 BID ON MCDERMOTT IS SIGN OF CONSOLIDATION OF SECTOR THAT "NEEDS TO BE MONITORED CAREFULLY". Full Article April 23 (Reuters) - Subsea 7's Chairman Kristian Siem and CEO Jean Cahuzac made the following statements during an investor call on Monday: :SUBSEA 7 CHAIRMAN SAYS COMPANY MADE PROPOSAL TO BUY MCDERMOTT AFTER SOME SHAREHOLDERS AND ONE MCDERMOTT DIRECTOR DISCLOSED OPPOSITION TO MCDERMOTT'S DEAL TO ACQUIRE CB&I.SUBSEA 7 CEO SAYS FIRST CHOICE IS TO ENGAGE WITH MCDERMOTT'S BOARD IN A FRIENDLY MANNER.SUBSEA 7 CEO: "WE REMAIN WILLING AND HOPE TO ENGAGE WITH MCDERMOTT, BUT WE DON'T WANT TO COMMENT ON FURTHER COURSE OF ACTION".SUBSEA 7 CEO SAYS THE PROPOSED DEAL WITH MCDERMOTT WOULD ALLOW SUBSEA 7, AMONG OTHER THIN
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