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Emas Offshore enters into revised term sheet with Baker Tech subsidiary
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Nisha Ramchandani
Published Tue, Dec 12, 2017 · 09:50 PM
Singapore
EMBATTLED offshore services provider Emas Offshore Limited (EOL) has entered into a revised term sheet with BT Investment (BTI) after terminating a prior term sheet on Dec 9, it said on Tuesday, as it presses on with restructuring efforts.
BTI, which is a wholly owned subsidiary of Baker Technology, is proposing to make an investment into EOL.
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