You are here

Jaya selling units to Mermaid Marine Australia

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...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes