MARKETS

CGG spins out

CGG is spinning off its operated fleet to reduce its gross debt by $US182.5 million ($A239.12 million) and sort out its loan with its lenders.

CGG spins out

The geoscience company has struck an in-principle agreement with its longstanding partner Eidesvik and its Nordic lenders to set up a new ownership structure for its operated fleet.   The move will...

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