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SembMarine to pay higher price of US$39m for Sevan Marine ASA's IP rights after talks with shareholders

Singapore

SEMBCORP Marine (SembMarine) will pay US$39 million for the acquisition of the intellectual property rights of Oslo-listed Sevan Marine ASA - instead of US$28 million - after negotiations with several of Sevan Marine's shareholders.

On June 8, it had previously announced...

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