Subsea 7 and NKT Sell Flexible Pipe Business to National Oilwell Varco
Subsea 7 and NKT Holding have agreed to sell their NKT Flexibles joint venture to Houston-based National Oilwell Varco for $672 million (DKK3.8 billion) after completing a competitive bidding process that involved both strategic and financial buyers.
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Company: National Oilwell Varco more info
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