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Jaya selling units to Mermaid Marine Australia
Published Mon, Sep 15, 2014 · 04:09 AM
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JAYA Holdings, a mainboard-listed offshore oil-and-gas services provider, yesterday said it would be selling its subsidiaries to Australia-listed Mermaid Marine Australia (MMA) for $625 million.
The sale, representing all eight of Jaya's offshore support services (OSS) and offshore engineering services (OES) businesses, comes after a strateg…
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