Subsea 7: CFO says not assuming any debt via takeover

Subsea 7 CFO Ricardo Rosa told a conference call::Apart from paying around $100 million for parts of EMAS Chiyoda Subsea, we are not assuming any debt.The Oslo-listed provider of engineering services to the oil industry late on Thursday announced it had bought parts of Japan’s EMAS Chiyoda Subsea, which had been undergoing a Chapter 11 bankruptcy restructuring in Texas.

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