Brief: Seacor Marine Announces Agreement To Sell North Sea Standby Safety Business

SEACOR Marine Holdings

01/11/2019 10:32

Nov 1 (Reuters) - SEACOR Marine Holdings Inc  SMHI.N :
    * SEACOR MARINE ANNOUNCES AGREEMENT TO SELL NORTH SEA
STANDBY
SAFETY BUSINESS
    * SEACOR MARINE HOLDINGS INC - DEAL FOR PURCHASE PRICE EQUAL
TO
APPROXIMATELY £19.5 MILLION
    * SEACOR MARINE HOLDINGS - ADDITIONAL CONSIDERATION OF UP TO
£4
MILLION MAY BE PAYABLE TO CO BASED ON REVENUE TARGETS BEING
ACHIEVED IN 2020 AND 2021
    * SEACOR MARINE HOLDINGS - UNIT OF CO ENTERED INTO SALE AND
PURCHASE AGREEMENT TO SELL ITS NORTH SEA STANDBY SAFETY BUSINESS
TO NORTH STAR HOLDCO LTD

Source text for Eikon:  ID:nGNX7sX2m 
Further company coverage:  SMHI.N 

 ((Reuters.Briefs@thomsonreuters.com;))