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PFC — Petrofac News Story

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Petrofac restructuring to wipe out shareholder value

Oct 17 (Reuters) - Oilfield services provider Petrofac PFC.L said on Friday its ongoing restructuring will leave existing shareholders with no residual value, as it moves to complete the process by the end of November.

 (Reporting by Ankita Bora in Bengaluru; Editing by Mrigank Dhaniwala)

 ((Ankita.Bora@thomsonreuters.com;))

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