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Swissco gets nod for Scott & English deal

Shareholders also pass resolution to consolidate shares

Published Tue, Jul 22, 2014 · 10:00 PM

SWISSCO Holdings yesterday received the go-ahead from its shareholders for the "very substantial acquisition" of privately owned oil and gas contractor Scott & English Energy for about S$285 million.

Alex Yeo, Swissco group chief executive officer, said: "This acquisition combines the expertise, know-how and track record of Swissco, a leading marine service provider, with the sourcing capa…

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