Acergy, Subsea 7 complete deal

The combination of Subsea 7 SA and Acergy SA was completed today, as scheduled.
When we announced the intention to combine both organizations we said this was an excellent strategic fit, with industry fundamentals strongly supporting the logic of the combination,” said Kristian Siem, chairman, Subsea 7. “Now that we have closed I strongly believe that the logic behind the combination is correct.”
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Source: Offshore Magazine