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    Aker Maritime concludes sale of seismic business

    News // January 26, 2001
    The transfer of Aker Maritime's marine seismic business to Compagnie Générale de Géophysique (CGG) has been successfully concluded according to the agreement signed in October last year.

    Following the transaction Aker Maritime has received $25 million in cash and a total of 1 591 407 CGG shares, equivalent to a shareholding of 13.63 per cent in the French group. Aker Maritime's average cost price per CGG share is EUR 69.27. So far this year, the CGG share has been traded in the EUR 67.50 - 72.85 range.

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