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    District Offshore to acquire Geoconsult and Geo Shipping

    News // May 13, 2005
    District Offshore (DOF) has announced that, subject to certain conditions, it has entered into an agreement to acquire AS Geoconsult and Geo Shipping AS (Geo Group) from its present owners.

    The purchase price, including assumption of debt, is approximately NKr 800 million. Parts of the purchase sum will depend on the Geo Group results for 2005 and 2006.

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