Brief: Energy Holdings And Ventura Offshore To Combine
BRIEF-Energy Holdings And Ventura Offshore To Combine Sept 11 (Reuters) - Ventura Offshore Holding Ltd VTURA.OL:
VENTURA OFFSHORE: BUSINESSES WILL FORM A BROADER PORTFOLIO OF CASH-GENERATIVE ASSETS WITH APPROXIMATELY USD 1.3 BILLION OF CONTRACTED REVENUE BACKLOG
VENTURA OFFSHORE HOLDING LTD - VENTURA OFFSHORE'S SHAREHOLDERS WILL RECEIVE 605 MILLION CONSIDERATION SHARES
VENTURA OFFSHORE HOLDING LTD - COMBINED COMPANY WOULD HAVE AN IMPLIED PRO FORMA EQUITY VALUE OF APPROXIMATELY USD 1 BILLION
VENTURA OFFSHORE HOLDING LTD: ENERGY HOLDINGS TO ACQUIRE 100% OF OUTSTANDING SHARES IN VENTURA OFFSHORE
VENTURA OFFSHORE HOLDING LTD - KURT M. WALDELAND WILL CONTINUE AS CHIEF EXECUTIVE OFFICER OF ENERGY HOLDINGS
VENTURA OFFSHORE HOLDING LTD - GUILHERME COELHO WILL CONTINUE AS CEO OF VENTURA OFFSHORE.
ENERGY HOLDINGS AND VENTURA OFFSHORE TO COMBINE, CREATING A LARGER PLATFORM FOR CASH GENERATION, SHAREHOLDER DISTRIBUTIONS AND GROWTH
Source text: ID:nObiw1bDPa
Further company coverage: VTURA.OL
((Reuters.Briefs@thomsonreuters.com;))