Singapore's Ezra to inject unit into Oslo-listed EOC in $520 mln deal

Ezra Holdings

10/07/2014 06:20

SINGAPORE, July 10 (Reuters) - Oilfield service firm Ezra 
Holdings Ltd  EZRA.SI  said it is injecting its offshore support 
services division, EMAS Marine, into its associated company EOC 
Ltd  EOCL.OL  in a stock-and-cash deal worth $520 million. 
    The enlarged EOC Group will be one the largest offshore 
support operators in Asia Pacific by asset value, managing an 
offshore services platform comprising over $1 billion in assets, 
Ezra said in a statement. 
      
 
 
 (Reporting by Rujun Shen and Saeed Azhar; Editing by Stephen 
Coates) 
 ((rujun.shen@thomsonreuters.com)(+65-6403-5666)(Reuters 
Messaging: rujun.shen.thomsonreuters.com@reuters.net)) 
 
Keywords: EZRA HLDGS EOC/