Fugro sells stake in EMGS

Company News - September 14, 2012

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Fugro has sold its investment (27,777,778 shares representing up to 14 per cent) in Electromagnetic Geoservices (EMGS) in Norway.

The sale had a total value of approximately NKr 444.4 million (Euros 60 million).

Fugro obtained the shares in April 2011 as result of the conversion of a convertible loan that Fugro provided to EMGS in April 2009.

 

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