Article archive for Lamprell;
UAE-based rigyard Lamprell is offerimg smaller rival MIS a total consideration of NOK 1,869 million (US$336m) in acquisition which values each MIS at NOK 38 per share. The acquisition is proposed be funded through a mixture of equity (by way of the Rights Issue), debt (principally through a new US$150 million term loan facility) and from existing cash resources....