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    DSND-Halliburton: update on merger

    News // March 1, 2002
    DSND Subsea and Halliburton Subsea say they have finalised all outstanding legal and technical issues between the two companies, and are proceeding with implementation of the new 50/50 owned company.

    As a consequence of the fact that such milestone has been reached, the management teams of all regional units in the new company have been appointed.

    The formal closing of the transaction is expected by the end of March.

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