Sale of Combat Management System

Siem Offshore has entered into an agreement with Bravo Industries to sell its defence business for the development and production of command and controls systems to Bravo.
 
The transaction is expected to complete within 30 days and will not have any significant effects on the balance sheet or profitability of Siem Offshore going forward.

 

 

Published 13-10-2016 in the Investor category
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